Home investment partnerships program

The Department of Housing and Urban Development (HUD), through its Assistant Secretary for Community Planning and Development, awarded Arlington County, Virginia a formula grant of $724,457.50 under the HOME Investment Partnerships Program (CFDA 14.239) on September 25, 2025. The award, which extends through September 30, 2034, funds affordable housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance. All HOME-assisted housing must meet specified income targeting and affordability requirements and remain affordable to low-income households for periods ranging from 5 to 20 years, depending on the activity type and level of HOME funding contribution.

As a participating jurisdiction, Arlington County may undertake HOME projects directly or distribute funds to developers, owners, and partner organizations engaged in affordable housing development. The county must comply with regulatory requirements under 24 CFR Part 91, including submission of five-year Consolidated Plans and annual Action Plans for HUD review, and must maintain records documenting program compliance for five years beyond the applicable affordability periods. This allocation represents Arlington County's standard formula-based distribution under the HOME program, which has distributed over $41 billion nationwide since its establishment in 1990, creating more than 1.3 million affordable housing units.