Affordable Housing, Community Development, Federal News, Reports and Publications, State News

HOME Program Has Positive Impact in CT and Nationwide

Enterprise Community

Enterprise Community has issued a first-of-its-kind report analyzing how the HOME Investment Partnerships Program has impacted all 50 states. The Home Investment Partnerships Program is a federal housing program administered through the U.S Department of Housing and Urban Development to give grants to states and localities to fund a breadth of activities related to housing such as building, buying, rehabilitating affordable rental and ownership units, and rental assistance for low-income people.

Nationally, the HOME program has provided funding to build and preserve almost 1.2 million affordable housing and has provided rental assistance to 270,000 families at risk of homelessness since 1992. The report, The HOME Investment Partnerships Program’s Impact on America’s Families and Communities, also includes factsheets with HOME statistics for each state. Connecticut has seen over $290 million in HOME funds to build or preserve 9,985 affordable homes and provide 803 families with rental assistance.

In recent years, funding for the HOME Investment Partnerships Program has been greatly reduced and faces further reductions in the next federal budget.

Click here to access the full report. 

Click here to view Connecticut's factsheet. 


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