Formula Grant M24DC040229

Award Date 9/23/24
Completion Date 9/30/33
Dollars Obligated $3.1M
Federal Grant Program
14.239
Assistance Type
Formula Grant
Place of Performance
Tucson, AZ 85701, USA
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The City of Tucson was awarded a $3,148,083.08 HOME Investment Partnerships Program (CFDA 14.239) formula grant from the U.S. Department of Housing and Urban Development (HUD). The HOME Program provides grants to state and local governments to fund activities such as building, buying, and/or rehabilitating affordable housing for rent or homeownership, as well as providing direct rental assistance to low-income individuals.

Through this award, the City of Tucson will use the HOME funds to acquire, construct, or rehabilitate affordable housing units, provide homeownership assistance to low-income buyers, and/or offer tenant-based rental assistance to low-income households. At least 15% of the funding must be reserved for projects owned, developed, or sponsored by Community Housing Development Organizations. The grant has an award date of September 23, 2024 and an ultimate completion date of September 30, 2033.

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