Home investment partnerships program

Berkeley County was awarded $423,600.16 under the HOME Investment Partnerships Program (CFDA 14.239) by the U.S. Department of Housing and Urban Development's Community Planning and Development division on September 12, 2025. This formula grant allocation supports the county's affordable housing initiatives through activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance to low- and very low-income households. The award extends through September 30, 2034, providing Berkeley County with resources to expand affordable housing supply while ensuring compliance with federal income targeting and affordability maintenance requirements.

As a participating jurisdiction, Berkeley County will deploy these funds directly or through sub-awards to eligible developers and community partners to implement affordable housing projects in Moncks Corner, South Carolina. All HOME-assisted housing must meet affordability definitions and remain affordable to low-income households for a period of 5 to 20 years, depending on the activity type and level of HOME funding contribution. Berkeley County must maintain comprehensive records documenting program compliance and submit annual action plans to HUD, consistent with 24 CFR Part 91 requirements.