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HOME Investment Partnerships Program USA

Posted by Su Lim on May 21, 2018
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HOME is a federal block grant given to state and local governments to assist in the creation of affordable housing for low-income households. The funds are then distributed to qualified organisations by local governments. Real estate investors can partner with these organizations to request grants under the program. The grant should specifically be used to build, buy and/or rehabilitate housing meant for low-income groups, either for rent or home ownership. The annual grant allocation is about $2 billion.

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