The U.S. Department of Housing and Urban Development (HUD) awarded a $1,351,740.88 Formula Grant under the Home Investment Partnerships Program (CFDA 14.239) to the County of Monmouth, New Jersey. This grant, with a performance period extending to September 30, 2033, supports the county's efforts to expand the supply of affordable housing, particularly rental housing, for low and very low-income Americans. As the grant recipient, the County of Monmouth will use these funds to strengthen its capacity to design and implement strategies for achieving adequate supplies of decent, safe, and affordable housing within its jurisdiction. The grant allows the county to undertake a range of eligible activities, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. By targeting economically disadvantaged populations, this federal grant program aims to improve housing conditions and increase access to affordable housing options for Monmouth County's residents.