New York funding
Purpose: The Home Investment Partnerships Program (home) Provides Need-based Formula Grants To States And Local Governments…
$66.0M
- Funder
- Department of Housing and Urban Development
- Amount
- $66.0M
- Recipient
- City Of New York Housing Preservation & Development
- Deadline
- Through September 30, 2033
Purpose
Department of Housing and Urban Development awarded $66.0M to City Of New York Housing Preservation & Development for Purpose: the home investment partnerships program (home) provides need-based formula grants to states and local governments that are used to fund activities including building, buying, and/or rehabilitating affordable housing for rent or homeownership or providing direct rental assistance to low-income people. the home program was established in 1990 through title ii of the cranston-gonzalez national affordable housing act (naha). since its inception, the home program has distributed more than $40 billion to create over 1,374,000 units of affordable housing and provide tenant based rental assistance to more than 405,000 households throughout the nation. home funds are appropriated annually to the department of…
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