HUDFinal Rule
FR-6144-F-06 HOME Investment Partnerships Program: Further Program Updates and Streamlining
HousingFinance & Banking
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Summary
This federal rule updates and simplifies how the HOME Investment Partnerships Program works, which helps communities build and improve affordable housing for low-income families. The changes are designed to make it easier for local governments and nonprofits to use federal housing funds more quickly and effectively.
Key Points
- 1Streamlines application and reporting requirements so local housing agencies can spend less time on paperwork and more time building affordable homes
- 2Updates program rules to remove outdated requirements that no longer make sense in today's housing market
- 3Affects state and local housing agencies, nonprofits, and community development organizations that receive federal HOME program funding
- 4Makes it easier for lower-income families to access affordable housing programs by reducing administrative delays
- 5Gives communities more flexibility in how they use federal funds to address their specific local housing needs
Impact Assessment
If you are a local government or nonprofit housing developer, this means you can access and use federal HOME program funds more quickly and with less administrative burden to build or improve affordable housing in your community.
Impact Level
Moderate
Geographic Scope
National
Compliance Cost
Minimal
Who is Affected
State GovernmentsSmall BusinessesHomeownersConsumers
Key Dates
Published
October 22, 2025
Regulatory Connections
Amends CFR Sections
24 CFR Part 92
Other Documents in This Rulemaking (HUD-2024-0045)
HUDHousing
FR-6144-F-05 HOME Investment Partnerships Program: Program Updates and Streamlining—Delay of Effective Date, Withdrawal, and Correction
HUDHousing
FR-6144-F-04 HOME Investment Partnerships Program: Program Updates and Streamlining—Delay of Effective Date
HUDHousing
FR-6144-F-03 HOME Investment Partnerships Program: Program Updates and Streamlining
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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Related Regulations
HUDHousing
FR-6524-P-01 Housing and Community Development Act of 1980: Verification of Eligible Status
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FR-6085-N-05 Section 3 Project Threshold Updates for Creating Economic Opportunities for Low- and Very Low-Income Persons and Eligible Businesses
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