The Community Development Block Grant (CDBG) and HOME Investment Partnerships (HOME) programs help develop viable urban communities through projects that principally benefit low- and moderate-income persons, including public facility, affordable housing, and other eligible activities listed in the Applicant Guide.
All proposals must benefit low-moderate income individuals. The specific ways that a project must accomplish the program’ s purpose ( also called a National Objective) varies by program.
CDBG Funds. At least 51% of those befitting from the program ( persons or households) must have incomes at or below 80% of the area median income ( AMI) based on household size. For programs that benefit individual households, all households must earn less than 80% of the median household income.
HOME Funds. All activities undertaken with HOME funds must benefit households below 80% AMI, and nearly all assisted units must be targeted to households below 60% AMI.
For Eligible Activities, see page 3 of the FY24 CDBG HOME Applicant Guide in Supporting Documents below.
First consideration for funding will go to housing (not including Community Housing Development Organizations [CHDO] operating expenses or set aside) and public facility projects of $50,000 or more. Top ranking applications will be considered first.
Additional Geographic Information:Affordable Housing Heat Map: https://www.iowa-city.org/WebLink/DocView.aspx?id=2106837&dbid=0&repo=CityofIowaCity
Estimated Total Program Funding: