Urge Congress to Fund the HOME Program at no less than $1.7 billion in FY 2022
The HOME Coalition is circulating an organizational sign-on letter urging Congress to provide funding of at least $1.7 billion for the HOME Investment Partnership Program for Fiscal Year (FY) 2022. We encourage national, state, and local organizations to sign on to this letter.
For over 25 years, HOME has proven to be one of the most effective tools to help states and communities address their most pressing housing challenges, providing states and localities with necessary flexibility and resources. HOME funds have been used to build and preserve over 1.33 million affordable homes and to provide direct rental assistance to more than 384,000 vulnerable families. HOME is a smart investment—leveraging more than $4.50 in public and private funds for every dollar of HOME funding—and has supported roughly 1.9 million jobs and generated $123.6 billion in local income, according to the HOME Coalition’s most recent analysis.
Given the growing need for affordable housing across the country and the great benefits that HOME provides, the HOME Coalition is urging Congress to restore HOME funding to at least $1.7 billion in FY 2022. The deadline to sign on is COB Wednesday, February 24. Please sign on and send to your networks to do the same.
Over 1,800 organizations signed on to the letter last year. Please see the full list here. If your organization signed on last year and would like to be listed again this year, you do not need to sign on again. If you would like your organization to opt out from this year’s letter, please contact Alexander Williams (email@example.com) by Wednesday, February 24.
For information on HOME’s impact in your state, see the HOME Coalition website.