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HOME Investment Partnerships Program

This program provides funding to support the development of affordable housing projects in suburban cities within Hennepin County, Minnesota, helping to meet the local housing needs.

$2,400,000
Forecasted
Recurring
Grant Description

The HOME Investment Partnerships Program (HOME) is a federally funded initiative aimed at supporting affordable housing in suburban cities within Hennepin County, Minnesota. The program aligns with the 2020–2024 Consolidated Plan's goals and priorities, offering flexibility to address the county's housing needs. Federal guidelines for the HOME program are detailed in 24 CFR Part 92, and further resources can be found on the U.S. Department of Housing and Urban Development (HUD) website. HOME funding is awarded through Hennepin County's annual coordinated affordable housing development Request for Proposals (RFP). This coordinated process streamlines the application for various funding sources, ensuring alignment with county housing strategies. Interested applicants can access information about the coordinated RFP process and requirements on the county's housing resources platform. Projects funded by HOME are subject to ongoing compliance with federal regulations, verified through an annual monitoring process. Compliance materials, including the rental compliance guide and annual monitoring forms, outline the responsibilities of recipients to maintain program standards. The 2023 and 2024 program limits, as well as a lease addendum, provide additional guidance for project administration. Information about current and past HOME-funded projects is available in the annual Consolidated Action Plan and the Consolidated Annual Performance and Evaluation Reports (CAPER), respectively. These documents offer transparency about how funds are allocated and the impact of funded projects. For further inquiries about the program or the application process, contact Omar Martinez at [email protected] or 612-348-2670. The program emphasizes long-term compliance and the promotion of affordable housing solutions for suburban Hennepin County residents.

Funding Details

Award Range

Not specified - Not specified

Total Program Funding

$2,400,000

Number of Awards

Not specified

Matching Requirement

Yes - Match required.

Eligibility

Eligible Applicants

Individuals

Geographic Eligibility

Hennepin County (MN)

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

County of Hennepin

Phone

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Categories
Housing
Income Security and Social Services
Science and Technology
Infrastructure
Arts
HOME Investment Partnerships Program | GrantExec