The HOME Investment Partnerships program is a federal block grant that provides states and localities with a flexible funding source to meet their diverse affordable housing needs. States receive 40 percent of total HOME funding, and localities receive 60 percent based on a formula determining need.
HFAs and HOME
States and localities use HOME to finance innovative programs and projects, including new construction, rehabilitation, down payment assistance, and rental assistance—all targeted to low-income families. One dollar in HOME funds leverages over four dollars of additional investment in affordable housing.
HOME has a proven record as a highly successful program, creating rental and homeownership opportunities for tens of thousands of low-income families every year. NCSHA is the principal state advocate for the HOME program. Advocating for HOME resources is one of NCSHA’s Legislative Priorities.
Useful Links: HOME State Factsheets; HOME Coalition Statement to the Senate Appropriations Committee on the FY 2016 THUD bill; HUD's HOME Investment Partnerships Program Webpage; HUD's HOME Program Technical Assistance Website; HOME Coalition Advocacy Materials
NCSHA Blog Posts
- Trump Administration Releases FY 2018 Budget Blueprint with Deep Cuts to HUD and Elimination of HOMEMarch 16, 2017
The Administration sent Congress this morning its Fiscal Year (FY) 2018 budget blueprint, “America First: A Budget Blueprint to Make America Great Again,” proposing deep cuts to the U.S. Department of Housing and Urban Development (HUD) and other federal agencies, with the exception of the Departments of Defense, Homeland Security, and Veterans Affairs, which would see funding increases.
- March 9, 2017
Earlier today, various news sources, including the Washington Post and The Hill, published troubling reports about leaked documents indicating that the Trump Administration is considering more than $6 billion in cuts to HUD programs in Fiscal Year (FY) 2018. According to these reports, the Administration may propose the elimination of several HUD programs, including HOME.
- Time Magazine
- LA Times
- House Appropriations Committee
- The Washington Post
- Affordable Housing Finance
- June 11, 2014
South Dakota Housing Development Authority has $500,000 available in HOME Homeowner Rehabilitation program funds for eligible organizations to assist low income homeowners rehabilitate their homes.
- May 21, 2014
On Thursday, May 15, 2014, the Wyoming Community Development Authority (WCDA) Board of Directors approved the allocation of approximately $1.3 million in Low Income Housing Tax Credits (LIHTC) and $1.5 million in HOME Investment Partnership Program funds to affordable housing developments across Wyoming.
HOME - Resources
- March 20, 2017
Key Congressional Committee Rosters for NCSHA in the 115th Congress.
- December 12, 2016
The National Council of State Housing Agencies (NCSHA) is a national nonprofit, nonpartisan organization created by the nation’s state Housing Finance Agencies (HFAs) to advance through advocacy and education their efforts to provide affordable housing to those who need it. NCSHA’s priorities, adopted annually by its Board of Directors after consultation with all state HFAs, set the agenda for NCSHA’s advocacy before Congress, the Administration, and the federal agencies concerned with housing, including HUD, USDA, and the Treasury, as well as its business activities.