Home investment partnerships program

Prince William County Government's Office of Housing & Community Development received $830,452.40 in formula grant funding from the Department of Housing and Urban Development (HUD) Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239), obligated on September 25, 2025, with a performance period extending through September 30, 2034. This award supports affordable housing development and homebuyer assistance activities within Prince William County, the City of Manassas, and the City of Manassas Park, Virginia.

The funding will be deployed to finance affordable housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, and acquisition or rehabilitation of rental housing. All housing projects supported through this grant must meet federal income targeting and affordability requirements, with assisted units remaining 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 under the HOME program's formula allocation structure, Prince William County will undertake these activities directly or partner with developers and nonprofit housing organizations to expand the affordable housing supply and strengthen the county's capacity to address housing needs for low- and very-low-income residents.