A Washington County and City Consortium
First authorized by Congress under the National Affordable Housing Act of 1990, HOME Investment Partnerships Program (HOME) funds are federal resources awarded to states, counties, cities and consortiums (City-County partnerships) for the purposes of developing affordable housing projects that shelter low-income households.
In past years, the Washington County HOME Consortium financed a variety of housing projects including preservation projects, acquisition and rehabilitation projects, special needs owner-occupied housing rehab programs, homeownership programs, and affordable rental housing projects. Since 1992, Washington County has operated the HOME program. To date, more than $19,000,000 in HOME funds have been invested in over 49 projects, that have leveraged over $156,000,000 in development capital.
The HOME program also provides funding for Community Housing Development Organizations (CHDO) called CHDO Operating Grants. Annually nonprofit organizations compete for these funds through a certification and award process overseen by the Washington County HOME Consortium.