The HOME Investment Partnerships Program funds affordable housing development and rehabilitation in California's non-entitlement areas, supporting rental and first-time homebuyer projects through the state housing department.
Funder: California Department of Housing & Community Development
Due Dates (Anticipated): March 2027: Full application deadline for cities, counties, CHDOs, and Developers (projected) | June 2027: OTC application deadline for Native American Entity Applicants (projected)
Funding Amounts: Typical awards: up to $8 million per rental project; $2 million per first-time homebuyer project; minimum $10,000/unit; total available varies by NOFA cycle.
Summary: Supports development and rehabilitation of affordable housing in California’s non-entitlement areas, including rental and first-time homebuyer projects.
Key Information: This opportunity is forecasted—dates and details may shift; check the program page for updates.
The HOME Investment Partnerships Program (HOME) - Project Activities, administered by the California Department of Housing & Community Development (HCD), provides federal funding to expand and preserve affordable housing in California’s non-entitlement areas. Eligible activities include new construction and rehabilitation of multifamily rental housing, acquisition of rental properties, and first-time homebuyer (FTHB) projects. The program aims to increase housing supply, improve affordability, and address homelessness and special needs populations through competitive grants and loans to local governments, developers, Community Housing Development Organizations (CHDOs), and eligible tribal entities.