HOME Investment Partnerships Program (HOME) - Project Activities
HOME Investment Partnerships Program (HOME) - Project Activities supports low- and very low-income California households through rental housing and homebuyer subdivisions to expand and preserve affordable housing.
Funder: California Department of Housing & Community Development
Due Dates: March 30, 2026 (Competitive) | June 22, 2026 (Native American Entities, OTC) | December 31, 2026 (Program Income)
Funding Amounts: Approximately $34 million available; up to $8 million for rental construction/rehabilitation and $2 million for first-time homebuyer projects
Summary: Supports affordable rental housing and first-time homebuyer subdivision projects serving low- and very low-income households in California.
Key Information: Program Income applications are limited to cities and counties with HOME income from earlier single-family or rental projects.
Description
The California Department of Housing and Community Development (HCD) administers HOME Project Activities to create and retain affordable housing in non-entitlement jurisdictions—areas that do not receive HOME funding directly from HUD. The 2025 Notice of Funding Availability (NOFA) uses HCD’s fiscal year 2025 federal HOME allocation to support low-income households earning at or below 80% of Area Median Income (AMI) and very low-income households earning at or below 50% of AMI.
Eligible work includes multifamily rental new construction, rehabilitation with or without acquisition, acquisition alone when rehabilitation is unnecessary, and first-time homebuyer subdivision development. The program’s priorities are increasing and preserving affordable housing, improving access to housing, and addressing homelessness. Project Activities is distinct from HOME Program Activities, which supports first-time homebuyer assistance, owner-occupied rehabilitation, and tenant-based rental assistance.
