The HOME Investment Partnerships Program allocates more Federal funding to state and local governments than any other Federal program - about $2 billion each year. States that receive funding make it available to non-profits, Community Development Organizations and others for the purpose of developing and improving the housing stock for low- and moderate-income families. When states receive their funding for the year, they typically release a Notice of Funding Availability (NOFA), which invites eligible parties to submit development applications. Several NOFAs were recently released in Texas.
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