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HOME Investment Partnerships Program is sponsored by U.S. Department of Housing and Urban Development (HUD) / City of Asheville (lead agency for Asheville Regional Housing Consortium). The HOME Program is a federal block grant providing funds to state and local governments, often in partnership with nonprofit groups, to build, buy, and/or rehabilitate affordable housing for rent or homeownership or provide direct rental assistance to low-income people.
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Home Investment Partnership Program - The City of Asheville What is the Home Investment Partnerships Program (HOME)?
The HOME Investment Partnerships Program (HOME) is a federal grant program through the Department of Housing and Urban Development (HUD) providing grant funds 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 funding can be used for a wide range of activities including: 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’s HOME Program Webpage. 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. 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. How does my agency apply for HOME? Applications for HOME Investment Partnerships Program (HOME) Grants are typically open in November, with funding recommendations made by the Asheville Regional Housing Consortium (ARHC) in January.
The application period for 2025-2026 HOME funding is now closed.
Federal Compliance Requirements Activities using HOME funds must meet a number of federal standards such as: Labor Standards (Davis Bacon and Section 3) Accessibility for Disabled People Record-keeping and Reporting Acquisition and Relocation Regulations Lead-Based Paint Elimination Income Verification and Documentation Financial Assistance or Housing Client Avoiding Conflicts of Interest If you would like to receive email notifications of upcoming grant deadlines and the Asheville Regional Housing Consortium Board meetings, please contact us at CommunityDevelopment@ashevillenc.
gov . If you are looking for affordable housing, suffering a housing crisis, in need of rental assistance or down payment assistance, or you have concerns about our homeless community, please call 211. The service is free, confidential and available in any language.
According to the current listing, eligibility includes: State and local governments, often in partnership with local nonprofit groups. Individual homeowners are not eligible. Projects must create affordable housing for low-income households. Confirm the full requirements in the official notice before applying.
The current listing shows approximately $1.3 million allocated to the Asheville region in 2006 (amount may vary annually). Verify award ceilings, matching requirements, and allowable costs in the official notice.
HOME Investment Partnerships Program is funded by U.S. Department of Housing and Urban Development (HUD) / City of Asheville (lead agency for Asheville Regional Housing Consortium). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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