Home Housing Credits

HOME-ARP

American Rescue Plan (ARP)

The American Rescue Plan (ARP), enacted on March 11, 2021, provides $5 billion to assist individuals or households who are homeless, at risk of homelessness, and other vulnerable populations, by providing housing, rental assistance, supportive services, and non-congregate shelter, to reduce homelessness and increase housing stability across the country. These grant funds will be administered through HUD's HOME Investment Partnerships Program (HOME).

AHFA developed a HOME-ARP Allocation Plan ("the Plan") using a competitive application cycle and point scoring system similar to, but more concise than, the Low-Income Housing Tax Credit program. The Plan is designed to provide funds to develop new construction of decent, safe and sanitary rental housing, with an initial preference for populations that are homeless, at risk of homelessness, fleeing or attempting to flee, domestic violence, dating violence, sexual assault, stalking, or human trafficking and other qualifying populations.