HOME Investment Partnerships Program (HOME) - Project Activities
The HOME Investment Partnerships Program funds affordable housing construction, rehabilitation, and first-time homebuyer projects in California’s non-entitlement areas, with a special track for Native American Entities.
Funder: California Department of Housing & Community Development
Due Dates (Anticipated): March 2027 (cities, counties, CHDOs, Developers) | June 2027 (Native American Entity Applicants)
Funding Amounts: Typical awards: up to $8M for rental projects, $2M for first-time homebuyer projects; total program funding varies by year.
Summary: Supports affordable housing projects in California non-entitlement areas, including new construction, rehabilitation, acquisition, and first-time homebuyer initiatives.
Key Information: Only projects in eligible non-entitlement jurisdictions may apply; Native American Entities have a dedicated application track.
Description
The HOME Investment Partnerships Program (HOME) - Project Activities is a federally established initiative administered by the California Department of Housing & Community Development (HCD). It provides loans and grants to support affordable housing projects in non-entitlement areas of California, aiming to increase and preserve affordable housing for low- and very low-income households. Eligible activities include multifamily rental new construction, rental rehabilitation (with or without acquisition), rental acquisition only, and first-time homebuyer (FTHB) projects. The program also includes a targeted funding track for eligible Native American Entities.
