Housing

HOME Investment Partnerships Program

Nationwide Project Examples

Light Up Your State!

How does the HOME program benefit your state? Submit a project example to COSCDA to show how your agency has made a positive impact through the HOME program. Browse project examples below to learn from successful projects in other states. Once COSCDA receives an example, we will “light up” your state on the map to the right in recognition. 

Project Examples by State

  • Project Name: Dogwood Terrace
  • HOME PJ: Arkansas Development Finance Agency 
  • Location: Siloam Springs, AR

Funding Sources 

  • HOME: $1,813,965
  • LIHTC: $16,188,943

Project Description 

Dogwood Terrace is a multifamily rental property with 112 units. Located in fast growing Siloam Springs, Arkansas, this property will give the community much needed housing for families struggling to find suitable, safe options. 

  • Project Name: Swallow Road Apartments
  • HOME PJ: Colorado Department of Local Affairs, Division of Housing
  • Location: Fort Collins, CO 

Funding Sources 

  • HOME: $840,000
  • Permanent Loan: $7,150,000 
  • City of Fort Collins CDBG: $1,000,000
  • CARE Acquisition Loan: $3,800,000 
  • 4% LIHTC Equity: $8,767,018 
  • Housing Catalyst Loan: $4,780,000 
  • DDF: $584,935

Project Description 

Swallow Road Apartments is multifamily rental property with 84 units, 4 of which were funded through a HOME grant. The apartments house families at 30 – 60% of the area median income (AMI) in 2- and 3-bedroom units. 

  • Project Name: Blue Bird Apartments
  • HOME PJ: Colorado Department of Local Affairs, Division of Housing
  • Location: Boulder, CO

Funding Sources 

  • HOME: $1,800,000
  • Bond Loan: $5,730,000 
  • City of Boulder: $3,000,000
  • Boulder County: $500,000 
  • Federal LIHTC: $5,801,724
  • State TC equity: $3,293,794
  • DDR: $657,585

Project Description 

Bluebird Apartments is a permanent supportive housing (PSH) rental property with 40 total units, 10 are HOME-assisted. The units are for Boulder residents experiencing homelessness. The Boulder Shelter for the Homeless coordinates with the borrower to provide resident services, including case management.   

  • Project Name: Nickolas’s Story
  • HOME PJ: Georgia Department of Community Affairs
  • Location: Monroe, GA

Funding Sources 

  • HOME funds via the GA CHIP Program: $82,000 
  • Gwinnett-Walton Habitat for Humanity: $83,000 

Project Description 

This project was part of a larger $600,000 grant using HOME funds from the CHIP Program, administered by the Georgia Department of Community Affairs, to the Gwinnett-Walton Habitat for Humanity to construct 7 single-family homes to income eligible buyers in the Atlanta metro area. The goal of the CHIP program is to help build strong, vibrant communities with our partners across the state of Georgia. 

A Home for Hope: Nickolas’s Story 

Nickolas remembers the moment like it was yesterday. He walked into the Habitat for Humanity office with his heart pounding, bracing for disappointment. “I was worried they were going to tell me I wasn’t selected,” he recalls. But instead, he heard the words that would change his life: “Congrats! You’re a future homeowner.”

For Nickolas, a 30-year-old Marine Corps veteran and proud father, that moment marked the beginning of a new chapter—one filled with hope, stability, and the promise of a brighter future. Nickolas served his country from age 18 to 22, and returned home to Monroe, Georgia with a renewed sense of purpose. But his greatest mission began on August 20, 2021, when he welcomed his daughter into the world. “Being a dad is the most important thing to me,” he says with a smile. “I didn’t know what love was until I held her.”

His daughter, now two, is a bundle of joy—curious, fearless, and full of life. She loves dinosaurs, the outdoors, and splashing in the water. While she may be too young to grasp the full meaning of their Habitat home, Nickolas knows this journey will shape her future. Until now, they’ve shared a small apartment with a roommate—grateful for shelter, but yearning for something more permanent, something truly their own.

Thanks to the community-driven efforts of Gwinnett/Walton Habitat for Humanity, that dream is becoming a reality.

On June 7th, under sunny skies in Monroe, volunteers, sponsors, and neighbors gathered to dedicate W18—the home built for Nickolas and his daughter. With humility and gratitude, Nickolas accepted the keys to their new home. “This is about more than just a house,” he shared. “It’s about generational wealth. This is something we can own. My daughter will always have a place to call home.”

Nickolas is eager to learn during the building process—everything from fixing water heaters to landscaping—so he can care for the home they’ll grow in together. As a maple tree was planted in the yard that day, it stood as a symbol of new beginnings and rootedness, a reflection of the future Nickolas is building for his family. 

  • Project Name: Harvey Heights Phase I
  • HOME PJ: New Hampshire Housing Finance Authority
  • Location: Ashland, NH

Funding Sources 

  • HOME: $605,550
  • Public Funds: $3,814,181
  • LIHTC: $4,809,184

Project Description 

Harvey Heights Phase I is a preservation of two USDA Rural Development properties that were expiring and were acquired by a local non-profit to preserve the affordability period. This is a 40-unit property that was rehabilitated to bring it up to newer standards and keep it as decent, safe, and sanitary housing. 

  • Project Name: Wallace Farm Phase II
  • HOME PJ: New Hampshire Housing Finance Authority 
  • Location: Londonderry, NH

Funding Sources 

  • HOME: $3,000,000
  • LIHTC Equity: $1,894,000 
  • NHHFA Bond Const/Perm: $9,600,000 
  • Deferred Developer Fee Loan: $342,680

Project Description 

Wallace Farm Phase II is the second of three phases located on a 25-acre site in the vicinity of exit five on Interstate 93 in Londonderry. A land condominium has been created which allows a division of ownership for the various phases to be built. Phase I is a 96 unit, four building project that was completed in 2017, with financing provided by a private bank. The owner refinanced Phase I in late 2018 using the Authority’s FFB program. Phase II will consist of 72 units among three buildings, with each 24-unit building being its own condominium. The unit mix within each building is four one-bedroom units and 20 two-bedroom units. 20 of the units are HOME units.

  • Project Name: Apple Ridge Phase II
  • HOME PJ: New Hampshire Housing Finance Authority 
  • Location: Rochester, NH

Funding Sources 

  • HOME: $208,000
  • LIHTC Equity: $6,879,312
  • Private Bank Loan: $1,506,869 
  • Sponsor Loan: $170,000 
  • Developer Fee Loan: $45,556
  • Other Grants and Donations: $64,504 

Project Description 

Apple Ridge Phase II consists of one building with 18 one-bedroom units and 16 two-bedroom units. There will be a part-time resident services coordinator on site and available to all residents. Services provided include monthly education and training workshops as well as annual health and wellness clinics. The management agent is responsible for all provisions of the service coordination plan. 1 of the units is a HOME unit.

  • Project Name: Friars Court Phase I
  • HOME PJ: New Hampshire Housing Finance Authority 
  • Location: Hudson, NH

Funding Sources 

  • HOME: $540,000 
  • LIHTC Equity: $7,679,232
  • Private Bank Loan: $2,985,000 
  • Federal HTF Loan: $1,200,000 
  • Developer Fee Loan: $76,050 

Project Description 

Friars Court Phase I is the construction of a 47-unit, general occupancy project and that consists of a single garden style building with 23 one-bedroom units and 24 two-bedroom units. This project is the first of two phases planned. Phase II will consist of 34 units that will be 100% affordable, for a total of eighty-one units on this site. There are 4 HOME units in this project. This project is the first approved affordable, general occupancy multi-family housing in the town of Hudson. The project is designed to achieve Passive House certification for energy efficiency. 

  • Project Name: Friars Court Phase II
  • HOME PJ: New Hampshire Housing Finance Authority 
  • Location: Hudson, NH

Funding Sources 

  • HOME: $2,727,000
  • LIHTC Equity: $1,736,000
  • NHHFA Perm Loan: $3,095,000 
  • Developer Fee Loan: $326,000 

Project Description 

Friars Court Phase II This project is the new construction of a 34-unit, general occupancy project and consists of two attached garden style buildings with 18 one-bedroom units and 16 two-bedroom units. This project is the second of two phases. Phase I consists of 47 units for a total of 81 units on this site. There are 16 HOME units in this project.  The completed project will be the first approved affordable, general occupancy multi-family housing in the town of Hudson. 

  • Project Name: Woodland Village Phase I
  • HOME PJ: New Hampshire Housing Finance Authority 
  • Location: Goffstown, NH

Funding Sources 

  • HOME: $1,580,000 
  • LIHTC Equity: $7,679,000 
  • NHHFA Permanent Loan: $2,430,000 
  • Developer Fee Loan: $94,009

Project Description 

Woodland Village Phase I is a new construction of a 42-unit, general occupancy housing project and will consist of seven townhouse style buildings with five one-bedroom units and 37 two-bedroom units. The project is in a quiet area of Goffstown, yet within walking distance to downtown where restaurants, a library, bank, and other amenities are located. There are 8 HOME units in this project. 

  • Project Name: Riverwalk Apartments
  • HOME PJ: Vermont Housing and Conversation Board
  • Location: Hartford, VT 

Funding Sources 

  • HOME: $595,000
  • Other Federal Funds: $6,042,325
  • State/Local Funds: $403,350
  • Private Funds: $2,160,000 
  • LIHTC: $7,636,701

Project Description 

Riverwalk Apartments is a new, 42-unit rental project located in Hartford, Vermont. The project includes studios, one-, two-, and three-bedroom apartments targeted to a mix of income levels with the overall goal of addressing the housing crisis in Upper Valley in Vermont. Eight of the 42 units are HOME-assisted. The project is within easy walking distance of public transportation, grocery stores, K-12 schools, parks, social services, and other amenities. 

  • Project Name: Village Center Apartments
  • HOME PJ: Vermont Housing and Conversation Board
  • Location: Morrisville, VT

Funding Sources 

  • HOME: $585,000
  • Other Federal Funds: $549,360 
  • State/Local Funds: $1,419,565
  • Private Funds: $4,619,098
  • LIHTC: $5,209,275

Project Description 

Village Center Apartments is a new construction, 24-unit rental apartment building in downtown Morrisville, with the goal of addressing the acute housing need in Lamoille County, Vermont. The site is a smart growth site and within proximity of shopping, recreation, social and health care services, schools, entertainment, and public transportation. The building contains studio, one- and two-bedroom apartments targeted to residents with a range of income levels, from below 50% of the median to 120%. Eight of the 24 units are HOME-assisted. 

  • Project Name: Granite City Apartments
  • HOME PJ: Vermont Housing and Conversation Board
  • Location: Barre, VT 

Funding Sources 

  • HOME: $585,000 
  • Other Federal Funds: $2,079,479 
  • State/Local Funds: $2,088,330 
  • Private Loans: $2,200,000 
  • Private Grants: $18,801 
  • LIHTC: $3,301,987

Project Description 

Granite City Apartments is a scattered-site rehabilitation project with a total of 27 units. The project has 9 new rental units affordable to very low and extremely low-income households and extends the life of 18 existing affordable rental units. Seven of the 27 units are HOME-assisted. The project strongly aligns with the city’s housing goals to invest in the city’s existing housing stock, protect and enhance the character of residential neighborhoods, and promote a balanced and diverse housing stock. 

  • Project Name: Forest Edge Apartments
  • HOME PJ: Wisconsin Dept. of Administration, Division of Energy, Housing and Community Resources
  • Location: Vilas County, WI

Funding Sources 

  • HOME: $936,000 
  • WHEDA: $2,700,000 
  • ARPA: $1,875,000
  • LIHTC Equity: $7,062,494
  • CMF: $125,000
  • FHLBC AHP: $480,000 
  • Energy: $557,815
  • Deferred Developer Fee: $416,397

Project Description 

Forest Edge Apartments is a new construction project of 40 townhomes with 11 HOME-funded units. There are four single-story townhouse style buildings with 10 units in each building. The property houses veterans, those at risk of homelessness, large families, seniors, and the workforce. Located next to tribal land, the development provides housing for members of the lac du flambeau band of lake superior Chippewa Indians and workers in the Wisconsin north woods tourism industry while bolstering tribal business. 

  • Project Name: PDC Cottages
  • HOME PJ: Wisconsin Dept. of Administration, Division of Energy, Housing and Community Resources
  • Location: Crawford County, WI

Funding Sources 

  • HOME: $982,500
  • LIHTC (Cinnaire): $4,492,648 
  • WHEDA Bonds: $316,000
  • WHEDA Sub-Debt: $500,000 
  • City of Prairie du Chien Loan: $420,000 
  • AHP Funding: $360,000 
  • Plus additional contributions 

Project Description 

Prairie Eco Cottages is a 24-unit new construction of affordable housing for families and seniors in the heart of Prairie Du Chien (“PDC”), WI. These cottage-style apartments are feature-rich with a focus on independent lifestyle offering an extremely convenient location to schools, recreation, shopping, and more. With cutting-edge solar technology, all utilities including heat and electric included in rent, a private address for each residence, an attached garage for every unit, Prairie Eco Cottages have a lot to offer.