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HOME General Purpose (HOME GP)
HOME General Purpose (HOME GP)
The HOME GP program is one of numerous programs funded under the name of the HOME Investment Partnership (HOME) Program. HOME Program funding is provided by the U.S. Department of Housing and Urban Development (HUD). HOME Program funds are used to create and preserve single and multi-family housing and provide tenant-based rental assistance.
The HOME GP program provides funds to:
· Acquire and/or rehabilitate and construct permanent, transitional and/or supportive
rental housing.
· Preserve and/or develop manufactured housing communities
· Projects funded will generally serve people at or below 50% of the local median income,
with special targeting to people who are homeless or have special needs and have
incomes at or below 30% of the local median income.
Eligible Applicants
Local and tribal governments
Housing authorities
Non-profit housing developers
Results and Achievements
HOME GP funds, totaling over $69 million, have preserved or increased the stock of affordable housing in Washington by 2,975 units from 1992 to 2005.
Investments to date have leveraged over $250 million in private and public sector support.
Fast Facts
The HOME GP portfolio includes over 100 properties serving very low-income households statewide.
Helpful Links
HOME - HRRP
HOME - MHH
HOME - TBRA
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Washington State Department of Commerce