The Basics of the Home Investment Partnerships Program

The Home Investment Partnerships Program is a program that is offered by the United States Department of Housing and Urban Development or HUD. This program is designed to provide federal dollars to state and local government in order to help people who are less fortunate purchase real estate.

Home Investment Partnerships Program

This program is sometimes referred to as the Home Partnership Program. Through this program, HUD provides over $2 billion every year to state governments. With this program, low-income families can use part of the funds to help purchase a home. The funds from this program are not distributed evenly to every state. The money that is awarded to each individual state or local government is determined by a formula that was developed by HUD. This means that all low income families are not necessarily eligible for this program. You have to live in a jurisdiction that is awarded some of these funds in order to get help.

Program Objectives

This program was designed with several objectives in mind. One of the most important objectives of the program is to increase the amount of affordable housing that is available in the United States. In many areas, the real estate prices are so high that low income families would not be able to come close to purchasing their own home. Through this program, the hope is that the majority of people will be able to afford some type of home.

Another objective of this program is to strengthen state and local governments so that they can help their own residents with housing issues. Instead of having to rely on the federal government for everything, the hope is that the federal government will be able to strengthen the state governments so that they can be relied upon by residents.

Part of this program also deals with developing new housing for low-income families. Instead of relying on the existing supply of properties, the state and local governments can build additional properties that are designed to house individuals with lower incomes.

It is also the hope of program organizers that local and state governments will be able to work hand-in-hand with private organizations. In the past, government offices and private contractors have had problems working together efficiently. With the funds from this program, it is more possible for them to work hand-in-hand in the development of low income housing.


One of the unique characteristics of this program is the matching component. This program is not like receiving free money from the federal government that state governments can use however they want. With this feature, state governments have to come up with 25% of the housing dollars that are used out of their own pocket. For example, if a government is planning on providing $100,000 of assistance, they have to provide $25,000 of the money out of their own pocket. The reigning $75,000 will come from the federal government assistance. This enables the state and federal governments to work hand in hand and share some of the burden together.

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