HOME Program

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HOME Program: Funding and Applications


Overview of the HOME Program
The HOME Program is authorized by the Title II of the Cranston-Gonzalez National Affordable Housing Act and is administered by the Department of Housing and Urban Development (HUD). The HOME Program provides grants to state and local governments to fund a wide range of activities that build, buy, and/or rehabilitate affordable housing for rent or homeownership, or to provide direct rental assistance to low-income people. HOME is the largest Federal block grant designed exclusively to create affordable housing for low-income peoples.

In 1992, the Orange County HOME Consortium was established as a local partnership to develop affordable housing throughout Orange County. Orange County and the Towns of Chapel Hill, Carrboro, and Hillsborough formed the Orange County HOME Consortium, with Orange County acting as the lead entity. For more information about the HOME program, visit the Federal HOME website.

 

Overview of the 2010-2015 Consolidated Plan
Each spring, the Orange County HOME Consortium allocates HOME funding to organizations which work with affordable housing and/or rental assistance for low-income peoples. These allocation decisions are guided by the 2010-2015 Consolidated Plan which is a document that provides information concerning how the Orange County HOME Consortium plans to address certain important housing and community development needs of its low- and moderate- income residents during the next five years. The Consolidated Plan also guides the allocation of CDBG funds. For more information about CDBG funds, visit the CDBG website.

Each year, an Annual Action Plan is developed to guide the use of CDBG and HOME funds for the year. The 2011 Annual Action Plan can be found below.

Consolidated Plan and Annual Plan Links

The Orange County HOME Consortium’s application cycle is now open for entities wanting to apply for FY 2019-2020 funds under the HOME Investment Partnerships Program.

HUD’s HOME Investment Partnerships Program (HOME) provides formula grants to states and local communities that (often in partnership with local nonprofit groups) fund a wide range of activities including construction, acquisition, and/or rehabilitating affordable housing for rent or homeownership, or to provide direct rental assistance to low-income people. It is the largest Federal Block Grant to state and local governments designed exclusively to create affordable housing for low-income households.

HOME funds are awarded annually as formula grants to participating jurisdictions (PJs). The program’s flexibility allows states and local governments to use HOME funds for grants, direct loans, loan guarantees or other forms of credit enhancements, rental assistance or security deposits. 

Orange County’s HOME funding applications are accepted once a year and are reviewed by the Orange County Home Consortium Committee, known as the Local Government Affordable Housing Collaborative. The Collaborative is comprised of staff and elected officials from the Towns of Chapel Hill, Carrboro, Hillsborough, and Orange County.

A recommended funding plan is reviewed for approval by each jurisdiction in the Spring of every year. 

“The Orange County HOME Consortium’s application cycle is now open for entities wanting to apply for FY 2019-2020 funds under the HOME Investment Partnerships Program”.

The deadline is February 5, 2019 at 4:00 pm. For questions, persons may call the Housing and Community Development Department at 919.245.2490.

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