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IA
City of Des Moines HOME Investment Partnerships Program
Federal HOME funds administered locally for affordable housing development and preservation.
About this program
Des Moines participates in the HOME Investment Partnerships Program to support affordable housing activities. HOME funds may be used with eligible developers and nonprofit partners for affordable rental housing, homeownership, tenant-based rental assistance, or preservation activities that meet federal program rules.
Eligibility
Eligible affordable housing developers, nonprofits, CHDOs, and public partners serving income-qualified Des Moines households.
Requirements
- Meet HOME affordability and income rules
- Submit development budget, financing plan, and compliance documentation
- Maintain affordability, monitoring, and reporting requirements