HOME Investment Partnerships Program

High-quality affordable housing for low-income households is lacking in many communities. The HOME Investment Partnerships Program helps people purchase or rehabilitate a home by offering loans, loan guarantees, or down payment assistance. Tenants can also be given grants for security deposits and rental assistance so they pay no more than 30% of their income for rent and utilities. At the local level, advocates should continue to be involved in the Consolidated Plan's Annual Action Plan public participation process and influence the type of housing, location, and beneficiaries of HOME dollars.