An Excerpt
Since its inception, the HOME program has created more than 1.2 million affordable homes. HOME has created and preserved housing for low-income families in every state, territory, and congressional district in the country. HOME provides critical resources for housing for persons with special needs, including persons experiencing homelessness, veterans, and persons with disabilities. HOME funds provided essential gap financing in more than a quarter of Housing Credit developments targeted to addressing homelessness from 2003 to 2010.
HOME has leveraged approximately $122 billion in other funding sources. The HOME Coalition estimates that this investment has generated $94.2 billion in local income.