HomeBase Cincinnati

CDBG at work in Camp Washington 💪
The final in our take-over series!
Through CWURC’s FaceLift and Homeownership programs, small businesses are getting refreshed, neighbors are becoming homeowners, and long-term investment is taking root.

From $780K invested in 14 businesses to new homes on Colerain and Sidney, this is what neighborhood revitalization looks like.

HUD/CDBG → City → HomeBase Cincy → CWURC → Real impact

HOME INVESTMENT PARTNERSHIPS PROGRAM:
In addition to CDBG, HUD offers a number of other Community Planning and Development (CPD) programs, including the HOME Investment Partnerships (HOME) program.

Certain CDCs are also CHDOs (Community Housing Development Organizations) and are eligible for HOME funds. Only certified CHDOs can access this funding, and those organizations must have current projects eligible for HOME funds, and must be re-certified each year.

While CWURC is not a CHDO, organizations like OTRCH , Avondale Development Corporation, and Working In Neighborhoods are, or have been, certified CHDOs and have used, or are currently using HOME funds to support their work.

HOME is the largest federal block grant to state and local governments designed exclusively to create affordable housing for low-income households.

Every single county in the U.S. has access to HOME funds. HOME funds benefit persons at or below 80 percent of area median income (AMI) by providing funds for construction or rehabilitation of housing for renters and homebuyers, owner-occupied rehabilitation, and tenant-based rental assistance.

Just like with CDBG, HOME funds are awarded annually as formula grants to eligible and participating jurisdictions.

The program’s flexibility allows states and local governments to use HOME funds for grants, direct loans, other forms of credit enhancements, or security deposits.