The Home Investment Partnerships Program (HOME) Program is a federal block grant program directed by the U.S. Department of Housing and Urban Development (HUD) and is designed to create affordable housing for low-income households. The Montana Department of Commerce is responsible for the administration of HOME within the state of Montana. Commerce provides HOME funds to units of local government (counties and incorporated cities and towns) throughout the state. An individual may not apply directly to the state HOME Program.
The purposes of the HOME Program include expanding the supply of affordable housing for low- and very low-income persons; improving the means of state and local governments to implement strategies to achieve adequate supplies of decent, affordable housing; and providing both financial and technical assistance to participants to develop model programs for affordable, low-income housing.
Program Year 2020 Method of Distribution of funds for the HOME Investment Partnerships Program (HOME) and Housing Trust Fund (HTF)
The Method of Distribution, related to the HOME and HTF Programs, is outlined within the State of Montana’s Consolidated Plan, which is submitted to the U.S. Department of Housing and Urban Development (HUD) every five years. Program Year 2020 is the first year of Montana’s 2020-2024 Consolidated Plan, which is being developed with public input on a delayed timeline due to the state’s coronavirus response. HUD has provided entities until August 2021 to have the2020-2024 Consolidated Plan, including the 2020 Annual Action Plan, submitted to and approved by HUD. In order for the State of Montana to access its Program Year 2020 allocations from HUD for HOME and HTF, the Department of Commerce is soliciting public input now regarding the way in which it will allocate its HOME and HTF funds. This input will impact the 2020 HOME and HTF Application and Guidelines, as well as the 2020-2024 Consolidated Plan, including the 2020 Annual Action Plan. This separate process is being undertaken this year to ensure Commerce can award its 2020 HOME and HTF funds in a timely manner to ensure projects continue through 2021.
The Program Year 2020 Method of Distribution of funds for HOME and HTF may be found here.