BUSINESS

PROGRAMS

GOOD LIFE

NEWS

Home / Programs / Housing / HOME Investment Partnerships Fund (HOME)

HOME Investment Partnerships Fund (HOME)

The United States Department of Housing and Urban Development (HUD) allocates HOME funds to Participating Jurisdictions (PJs). The State of Nebraska receives funds as a PJ and the Department of Economic Development (DED) administers the program for the State.

The Proposed 2022 Annual Action Plan is under public comment from April 20 – May 20, 2022.  Submit public comments to ded.publiccomment@nebraska.gov.  The Department is also hosting an in-person/virtual public hearing on May 10th. 

HOME Funds are Used to:

Assist homebuyers with purchasing rehabilitated or newly constructed housing developed by community-based development organizations.
Assist organizations with building capacity to carry out an eligible housing activity.
Develop new, affordable rental housing through programs co-managed by DED and the Nebraska Investment Finance Authority (NIFA):
Collaborative Resource Allocation for Nebraska (CRANE) program
Low Income Housing Tax Credits (LIHTC)

CRANE encourages the development of affordable housing through long-term, coordinated job creation/enhancement, housing and community development strategies in Nebraska.

LIHTC encourage the investment of private capital in the development of rental housing by providing a credit to offset an investor’s federal income tax liability.

Who is Eligible to Apply for HOME Funds?

For funds related to the purchase of rehabilitated or newly constructed housing, Community Housing Development Organizations (CHDOs) may apply.

CHDOs are community-based non-profit 501(c)(3), 501(c)(4), or section 905 organizations who, among their purposes, work to provide decent affordable housing to low- and moderate-income persons. CHDOs must meet qualifications as defined in the HOME Investment Partnerships Program 2013 Final Rule Subpart A, §92.2.

For eligibility information related to CRANE and LIHTC, please visit the NIFA website.

How to Apply for HOME Funds

Applicants meeting all eligibility requirements may submit an application for the appropriate category. Typically, successful applicants complete their project within 24 months of an award.

AmpliFund

This page will provide technical assistance on using AmpliFund to apply for and manage grants awarded by DED.

Application Guidelines

Application Deadlines

Applications from CHDOs must be received by September 30. For deadlines related to CRANE and LIHTC, please visit the NIFA website.

Applicants meeting all eligibility requirements may submit an application for the appropriate category. Typically, successful applicants complete their project within 24 months of an award.

Forms & Templates

Environmental Review Record Forms by Level of Review

Exempt
TitleFormatDate
24 CFR 58.6 – Other RequirementsDecember 14, 2021
Determination of Level of ReviewDecember 14, 2021
Environmental Review Cover SheetDecember 14, 2021
Finding of Exempt ActivityDecember 14, 2021
Categorically Excluded Not Subject To (CENST)

Questions about HOME?

Mechele Grimes

Housing Specialist