HOME Investment Partnerships Program (HOME)

Each year it allocates approximately $2 billion among the States and about 600 localities nationwide. The program was designed to reinforce several important values and principles of community development: • Allow communities to design and implement strategies tailored to their own needs and priorities. • Expand and strengthen partnerships among all levels of government and the private sector in the development of affordable housing. • Build the capacity of qualified community-based nonprofit housing groups through technical assistance activities and set-asides. • Mobilizes community resources in support of affordable housing by requiring participating jurisdictions (PJs) to match 25 cents of every dollar in program funds.