Formula Grant M24DC390216

Award Date 9/4/24
Completion Date 9/30/33
Dollars Obligated $2.6M
Federal Grant Program
14.239
Assistance Type
Formula Grant
Place of Performance
Cleveland, OH 44115, USA
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This $4,200,828.80 Home Investment Partnerships Program (CFDA 14.239) formula grant, awarded by the U.S. Department of Housing and Urban Development (HUD) on September 4, 2024, will support the City of Cleveland's affordable housing activities. These funds will be used to finance a range of initiatives, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. The grant aims to expand the supply...
The U.S. Department of Housing and Urban Development (HUD) awarded Clermont County, Ohio a $494,408.90 HOME Investment Partnerships Program (CFDA 14.239) formula grant on December 6, 2024. This grant will fund a range of affordable housing activities to benefit low- and very low-income residents in the county through September 30, 2033. Eligible activities under the HOME program include rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental...
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The Department of Housing and Urban Development (HUD) awarded a $2,642,111.54 Home Investment Partnerships Program (CFDA 14.239) formula grant to the County of Cuyahoga in Cleveland, Ohio on September 4, 2024. The HOME program provides need-based formula grants to state and local governments to fund affordable housing activities including building, buying, rehabilitating, and providing rental assistance for low-income households. The grant will enable the County to acquire, construct, or rehabilitate affordable rental and owner-occupied housing, provide homeownership assistance to low-income buyers, and offer tenant-based rental assistance. At least 15% of the funding must be reserved for projects developed by Community Housing Development Organizations. A federal grant sub-award worth an undisclosed amount was also made to the County on May 28, 2025 to support its Consolidated Plan and Comprehensive Annual Performance Evaluation Report (CAPER) activities. The grant award is expected to run through September 30, 2033.

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