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Escondido staff outline HOME and HOME-ARP funding, recommend RFP to preserve expiring dollars
Summary
City staff presented an update Oct. 15 on the federal HOME Investment Partnerships (HOME) program and the HOME‑ARP (American Rescue Plan) allocation and recommended a request for proposals to spend available funds.
City staff presented an update Oct. 15 on the federal HOME Investment Partnerships (HOME) program and the HOME‑ARP (American Rescue Plan) allocation and recommended a request for proposals to spend available funds.
Housing and Neighborhood Services Manager Danielle Lopez said the HOME program is “HUD’s largest block grant dedicated to creating affordable housing,” and outlined eligible uses, restrictions and multi‑year funding balances. Management analyst Norma Olguin reviewed both program rules and recent local projects.
The presentation said the city currently has roughly $4.5 million in regular HOME funds (after required set‑asides) and about $2.0 million in HOME‑ARP funds. Staff proposes releasing an RFP that would combine approximately $4.5 million of HOME and HOME‑ARP to preserve expiring funds and prioritize rental housing, tenant‑based rental assistance (TBRA), and…
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