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The American Rescue Plan authorized the U.S. Department of Housing and Urban Development (HUD) to allocate HOME-ARP funds to states, units of general local government, insular areas, and consortia of units of general local government that qualified for an allocation of HOME funds in Fiscal Year (FY) 2021, pursuant to section 217 of the Cranston-Gonzalez National Affordable Housing Act of 1990, as amended (42 U.S.C. 12701 et seq.) (“NAHA”). On April 8, 2021, HUD allocated HOME-ARP funds to 651 grantees nationwide using the HOME formula established at 24 CFR 92.50 and 92.60. Of the 651 grantees, 99 grantees are in California. The Department was allocated a total $155 million in HOME-ARP funding to serve California’s non-entitlement jurisdictions. In accordance with the Department’s approved HOME-ARP Allocation Plan, $89 million of the total allocation is available for multifamily rental projects.
A complete list of California HOME-ARP grantees can be found HERE.
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