HOME Investment Partnership Grant

HOME Investment Partnership Grants from the federal U.S. Department of Housing and Urban Development (HUD) increase homeownership and affordable housing.

All housing developed with HOME funds must serve low- and very low-income families. 

Grants are awarded to local government to implement.

U.S. Department of Housing and Urban Development (HUD) HOME Program

Grant fund uses

• Homeownership downpayment. (American Dream Downpayment Initiative)
  
• Tenant-based assistance
  
• Housing rehabilitation 
  
• Assistance to homebuyers 
  
• New construction of housing 
  
• Site acquisition 
  
• Site improvements 
  
• Demolition 
  
• Relocation
  
• Other necessary/reasonable activities related to developing non-luxury housing

Funds may not be used for: 

• Public housing development 
  
• Public housing operating costs 
  
• Section 8 tenant-based assistance 
  
• Providing non-federal matching contributions for other federal programs 
  
• Operating subsidies for rental housing 
  
• Activities under the Low-Income Housing Preservation Ac

For rental housing, at least 90% of the benefiting families must have incomes at or below 60% of the area median income; the remaining 10% of the families benefited must have incomes at or below 80% of the area median income.

Assistance to homebuyers and homeowners must be to families with incomes at or below 80% of the area median income.

Contact

For more information contact Rachel Nehse at 503-618-2814 or Rachel.Nehse@GreshamOregon.gov.