Home Investment Partnerships Program (HOME) from the American Rescue Plan Act (HOME-ARP)

The American Rescue Plan Act (ARP) is a federal economic stimulus bill passed by the U.S. Congress and signed into law effective March 11, 2021. The legislation provides $5 billion from the U.S. Department of Housing and Urban Development (HUD) to the Home Investment Partnerships Program (HOME). This funding is to provide homelessness assistance and supportive services through the following activities:

  • Development and support of affordable housing, as currently permitted under the HOME program;
  • Tenant-based rental assistance;
  • Supportive services, including activities such as transitional housing, housing counseling, and homeless prevention services; and/or
  • Acquisition and development of non-congregate shelter units, which may be converted to permanent affordable housing, used as emergency shelter, or remain as non-congregate shelter units. 

On April 8, 2021 HUD announced the HOME-ARP allocations for participating jurisdictions and that guidance for use of the funds would be released in Fall 2021. Florida Housing Finance Corporation was awarded $71,903,340 as the recipient of the state’s non-entitlement allocation.

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