Investment Partnerships Program (HOME) 2024 Program Activities reopened NOFA
🏛 Department of Housing and Community Development (California)
✓ Free, no account · Source: California Grants Portal · Last verified Aug 1, 2026
Can you apply?
This grant is for affordable housing development in California non-entitlement jurisdictions. Eligible applicants include state recipients, developers, CHDOs (Community Housing Development Organizations), and Native American entities. Projects may include new construction or rehabilitation of rental units, or first-time homebuyer assistance programs. Maximum awards are $8 million for rental projects and $2 million for homebuyer projects.
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Program description
The HOME Program is a federal formula grant program that provides annual allocations to states to increase and preserve the supply of decent, safe, and sanitary affordable housing specifically for serving low-income [at or below 80 percent (80%) of Area Median Income (AMI)] and very low-income [at or below 50 percent (50%) of AMI] households. This NOFA is to make available unclaimed HOME 2024 NOFA Program Activities funding, on an over-the-counter basis, until the next HOME Program Activities NOFA is released or funds are exhausted. With this funding, the Department will award HOME funds to eligible applicants on a first-come, first-served basis, in the form of loans/grants to fund Program Activities including first-time homebuyer programs, owner-occupied rehabilitation programs, and tenant-based rental assistance programs.
Who can apply
Eligible applicants
- Affordable Housing Developer
- Individuals
- Nonprofits
- Public Authority
- Small Business (SBA-defined)
- State Government
- Tribal Nation
- Tribal Organization
Demographic focus
How to apply
Application links
Required documents
- Project narrative describing activities and timeline
- Budget and budget narrative
- Applicant organizational capacity documentation
- Development timeline and financing plan
- Evidence of jurisdiction non-entitlement status
Program contact
- 📧 homeprograms@hcd.ca.gov
- 📞 1-916-890-9745
Funding track record
Past applications & awards under this program (California Grants Portal) — how competitive it is.
By fiscal year
| Fiscal year | Applications | Awarded | Award rate |
|---|---|---|---|
| 2025-2026 | 1 | 1 | 100% |
Source: California Grants Portal
FAQ
What are eligible project types?
New construction of affordable rental units, rehabilitation of rental units with or without acquisition, and first-time homebuyer assistance programs.
What is the maximum award amount?
$8 million for rental housing projects and $2 million for first-time homebuyer projects.
Who can apply for this grant?
State recipients, developers, CHDOs, and Native American entities located in non-entitlement jurisdictions.
What is the minimum award per unit?
$10,000 per unit is the minimum for all project types.
Can applicants request administrative costs?
Yes. State recipients may request up to $300,000 or 10% of the activity award, whichever is lower. CHDOs may request up to $200,000 or 10% of the activity award, whichever is lower.
💡 Tips for applicants
- Verify your jurisdiction is non-entitlement (did not receive direct HOME funding from HUD) before investing application time.
- Build your budget carefully to meet the $10,000 minimum per unit threshold.
- Include detailed development timelines and financing plans for rental projects.
- For homebuyer programs, demonstrate clear borrower selection criteria and affordability protections.
- Highlight leveraged funding and local support for competitive positioning.
⚠️ Common mistakes
Applying from entitlement jurisdictions that received direct HUD HOME awards. Underestimating per-unit costs below the $10,000 minimum threshold. Weak financial projections or unclear affordability period commitments.
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