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City of Albuquerque HOME Investment Partnerships Program
Federal HOME funds for affordable housing development, rehabilitation, and assistance in Albuquerque.
About this program
Albuquerque uses HOME Investment Partnerships Program funds to support affordable housing activities for low-income households. Eligible uses include rental housing development, rehabilitation, homeownership assistance, and other housing strategies carried out by city and nonprofit partners.
Eligibility
Affordable housing developers, nonprofit housing organizations, public agencies, and housing partners serving low-income households in Albuquerque.
Requirements
- Meet HOME income, affordability, eligible cost, and property standards
- Submit project budget, site control, financing plan, and long-term affordability commitments
- Complete underwriting, environmental review, and federal compliance requirements