Home Investment Partnership Program

The application period for HOME Investment Partnerships Program applications is now closed.

 


What is Home Investment Partnerships Program (HOME)?

Home Investment Partnerships Program (HOME) is a federal grant program through Housing and Urban Development (HUD) providing grant funds on a reimbursable basis to provide decent affordable housing to low-income households, expand the capacity of non-profit housing providers, strengthen the ability of state and local governments to provide housing, and leverage private-sector participation.

HOME can be used for a wide range of activities including:

  • New construction
  • Rehabilitation
  • Down payment assistance
  • Rental assistance
  • Site improvements
  • Acquisition of property
  • Relocation costs
  • Project related soft costs
  • Activities of Community Development Housing Organizations (CHDOs)
  • Program administration, planning, capacity building (up to 15% of the budget)

For more information about the program visit hud.gov

 

How do these grants make a difference in our area?

 

The HOME program serves the four county consortium of Buncombe, Henderson, Transylvania and Madison Counties. The City of Asheville is the lead entity for the consortium and administers the HOME funds in the area. The City receives about $1.5 million each year. Much of this is sub-granted to non-profit agencies to increase the stock of safe, decent, affordable housing in our area. The City awards HOME funds based on housing needs from a Housing Needs Assessment which is used to form a Five-Year Consolidated Plan for housing priorities.

After the funding cycle each year, the current funded projects from all of our funding programs along with their descriptions and expected outcomes are published for each fiscal year in our Action Plan. A link to the current fiscal year Action Plan is provided here as well as a list of current HOME projects.

Each fiscal year, HUD requires that a Consolidated Annual Performance and Evaluation Report (CAPER) be published to show the progress of active projects as well as the outcomes in the previous fiscal year. This is a public accounting of the Federal Funds at work to show what has been accomplished in our area.  A link to the CAPER is provided here.

 

How does my agency apply for HOME?

 

Each year a CDBG and HOME application workshop is held in December. Prospective applicants are strongly encouraged to attend. The exact workshop date and time are announced in the City’s Funding Programs webpage. Application and presentation materials from last year’s application process can also be viewed from the Funding Programs page.

Applications for this years CDBG and HOME grant funds will be posted to the Funding Programs webpage in early December. Applications are typically due in early February.

 

Federal Compliance Requirements

Activities using HOME funds must meet a number of federal standards. HUD has produced a toolkit as a resource tool that will allow grantees to find information on financial management, environmental review, labor standards, acquisition, relocation and fair housing.

Specific information about each federal requirement can be found by clicking on each link provided below:


Contact

If you would like to receive email notifications of upcoming grant deadlines and the Asheville Regional Housing Consortium Board meetings, please contact:

Christina Harris
charris@ashevillenc.gov

last update- 3/23/20

 

Related Services

women cafe owners
Business Inclusion

The Business Inclusion Office for the City of Asheville actively seeks to identify minority and women-owned businesses for an opportunity to participate as providers of goods and services to the city.

code purple text
Cold weather emergency shelter

When extreme cold weather is expected, the Asheville Homeless Coalition issues a Code Purple Alert. Participating homeless shelters voluntarily add space beyond their normal capacity to keep as many people as possible out of the cold. To find out when Code Purple is in effect, visit the Homeless Coalition’s Code [...]

Home Investment Partnership Program News

illustration of someone washing hands
City of Asheville provides hand washing stations to help reduce spread of COVID-19 

    Update: For a map of temporary, portable hand washing stations and restrooms, visit this link. The map is being updated as new stations are installed.   Original post: With the COVID-19 public health emergency going on it has never been more important to be able to wash your hands. Besides keeping 6 feet of distance [...]

Photo of Wake sculpture
Giant animatronic sculpture to go on display in Asheville’s South Slope

  Acclaimed work was engineered, sculpted and fabricated by an interdisciplinary UNC Asheville team     Republished from the Community Foundation of Western North Carolina   Wake, Mel Chin’s giant animatronic sculpture, installed in New York City’s Times Square last summer, will be on view from March 15 to Sept. 7 at 44 Collier Ave., in Asheville’s South Slope.   Chin, a WNC-based conceptual artist, [...]

Housing market photo illustration
Housing market report looks at challenges in Asheville and surrounding counties

  The City of Asheville is releasing the Regional Housing Needs Assessment. The purpose of this report is to conduct a Housing Needs Assessment of the four-county region that includes and surrounds the city of Asheville. The four counties evaluated in this report include Buncombe, Henderson, Madison, and Transylvania. This evaluation takes into account the demographics, [...]