HOME Investment Partnerships Program (HOME) 2024 Program Activities reopened NOFA

The state HOME program provides funding for housing rehabilitation, new construction, and acquisition and rehabilitation for multifamily projects; new construction and down payment assistance for single-family projects; first-time homebuyer down payment assistance, owner-occupied rehabilitation and tenant-based rental assistance programs; and predevelopment loans to CHDOs. All activities must benefit low-income renters, homebuyers or homeowners. The HOME Program is a federal formula grant program that provides annual allocations to states to increase and preserve the supply of decent, safe, and sanitary affordable housing specifically for serving low-income [at or below 80 percent (80%) of Area Median Income (AMI)] and very low-income [at or below 50 percent (50%) of AMI] households.  This NOFA is to make available unclaimed HOME 2024 NOFA Program Activities funding, on an over-the-counter basis, until the next HOME Program Activities NOFA is released or funds are exhausted.  With this funding, the Department will award HOME funds to eligible applicants on a first-come, first-served basis, in the form of loans/grants to fund Program Activities including first-time homebuyer programs, owner-occupied rehabilitation programs, and tenant-based rental assistance programs.

Nonprofit; Public Agency; Tribal Government Eligible applicants include cities and counties that do not receive HOME funds directly from HUD; Native American Entities; and state-certified CHDOs. See NOFA for more details on eligibility. Geography: This funding is eligible for program activities to be located in only state HOME-eligible jurisdictions, and on Tribal lands. Matching funds: Not Required

Read the full announcement on the California Grants Portal before you start. Contact: name: Vicki Balanco; email: homeprograms@hcd.ca.gov; tel: 1-916-890-9745;