Annual grant assistance through HUD's HOME Investment Partnerships Program (HOME) assists low and moderate-income individuals to live in safe, decent, affordable housing. Funds are awarded to partnering agencies on a competitive basis to implement affordable housing opportunities for first-time homebuyers, rental housing and single-family, owner-occupied housing development. The application process starts in November and continues through a public process which concludes with City Council approval of the recommended projects.
The Impact Fee Waiver program is a voluntary program established for the waiver of or the alternative payment from different sources of City-established development impact fees for all types of new affordable housing types.
The purpose of the Affordable Housing Land Bank and Trust Fund is to create more housing in the City that is affordable to persons at or below 80% of the area median income as established by HUD.
For information contact Housing & Family Services at 575-528-3022.