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 benefitting 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 Laurie Wells at 503-618-2404 or Laurie.Wells@GreshamOregon.gov.