HOME Investment Partnerships Program

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The HOME Investment Partnerships Program is a federal block grant initiative that provides funding to states and localities to create affordable housing for low-income households through activities like building, buying, and rehabilitating homes or providing rental assistance.

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This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

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Generate an image of the HOME Investment Partnerships Program (The HOME Investment Partnerships Program is a federal block grant initiative that provides funding to states and localities to create affordable housing for low-income households through activities like building, buying, and rehabilitating homes or providing rental assistance.)

All labels observed (1)

Label Occurrences
HOME Investment Partnerships Program canonical 8

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf affordable housing program ⓘ
federal block grant program ⓘ
abbreviation HOME Program ⓘ
administeredBy HUD Office of Community Planning and Development ⓘ
U.S. Department of Housing and Urban Development ⓘ
affordabilityPeriod 5 to 20 years depending on activity and amount of HOME investment ⓘ
allocationFormulaFactors number of low-income families ⓘ
number of substandard units ⓘ
relative inadequacy of housing supply ⓘ
rental housing costs ⓘ
allows use of funds for Community Housing Development Organizations ⓘ
authorizedBy Cranston-Gonzalez National Affordable Housing Act ⓘ
Title II of the Cranston-Gonzalez National Affordable Housing Act ⓘ
beneficiaries low-income households ⓘ
very low-income households ⓘ
complements Community Development Block Grant program ⓘ
country United States ⓘ
eligibleRecipients consortia of local governments ⓘ
local governments ⓘ
participating jurisdictions ⓘ
states ⓘ
enactedInYear 1990 ⓘ
fundingSource federal appropriations ⓘ
fundingType block grant ⓘ
formula grant ⓘ
incomeTargetingRequirement at least 90 percent of HOME rental units must be occupied by households at or below 60 percent of area median income ⓘ
levelOfGovernment federal ⓘ
matchingRequirement 25 percent non-federal match ⓘ
monitoredBy HUD ⓘ
primaryActivities acquisition of housing ⓘ
development of affordable rental housing ⓘ
homebuyer assistance ⓘ
new construction of housing ⓘ
rehabilitation of housing ⓘ
tenant-based rental assistance ⓘ
prohibits use of funds for public housing operating subsidies ⓘ
use of funds for tenant-based rental assistance for more than 24 months at a time without renewal ⓘ
purpose to expand the supply of decent, safe, and affordable housing for low-income households ⓘ
to strengthen public-private partnerships for affordable housing ⓘ
regulationsCodifiedAt 24 CFR Part 92 ⓘ
reportingMechanism Integrated Disbursement and Information System ⓘ
requires a minimum 15 percent of annual allocation reserved for CHDOs ⓘ
consolidated plan submission by participating jurisdictions ⓘ
long-term affordability restrictions ⓘ
written agreements with project owners ⓘ
sector housing and community development ⓘ
statutoryCitation 42 U.S.C. 12721 et seq. ⓘ
supports homeownership opportunities for low-income households ⓘ
production of affordable rental units ⓘ

How these facts were elicited

Referenced by (8)

Full triples — surface form annotated when it differs from this entity's canonical label.

United States housing policy → includesProgram → HOME Investment Partnerships Program ⓘ
Office of Community Planning and Development → programAdministered → HOME Investment Partnerships Program ⓘ
Cranston-Gonzalez National Affordable Housing Act → createdProgram → HOME Investment Partnerships Program ⓘ
CPD → administers → HOME Investment Partnerships Program ⓘ
Public Law 101-625 → createdProgram → HOME Investment Partnerships Program ⓘ
Title I—General Provisions and Policies → relatedTo → HOME Investment Partnerships Program ⓘ
HOME Program → fullName → HOME Investment Partnerships Program ⓘ
IDIS → supportsProgram → HOME Investment Partnerships Program ⓘ