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

About this funding opportunity

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.

Topic areas: Smart Cities, Social Innovation and Community Development, Housing and Community Development, Public Policy and Governance.

Funding amount

This other provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• NGOs
• Public Authorities

Eligibility

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. This funding is eligible for program activities to be located in only state HOME-eligible jurisdictions, and on Tribal lands.

Agency

HOME Investment Partnerships Program (HOME) 2024 Program Activities reopened NOFA is administered by Department of Housing and Community Development (DHCD), listed via Department of Housing and Community Development.