Home investment partnerships program

Active Formula Grant Awarded Last action

Award ID
M24MC060542
Recipient
Awarding agency
Obligated
$574,296

Award facts

Assistance listing
14.239 Home Investment Partnerships Program
Completion date 23% complete
Place of performance
Escondido, CA 92025, USA

Award details come from USAspending.gov.

About this award

The City of Escondido was awarded a $574,296.41 formula grant under the U.S. Department of Housing and Urban Development's (HUD) HOME Investment Partnerships Program (CFDA 14.239) on October 24, 2024. The HOME program provides grants to state and local governments to fund a variety of affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, rental housing acquisition/construction, and tenant-based rental assistance. The award will support the city's efforts to expand the supply of affordable housing and strengthen its ability to implement strategies to ensure adequate, decent housing for low- and very low-income residents. The HOME program has distributed over $40 billion since its inception in 1990 to create more than 1.3 million units of affordable housing and provide rental assistance to over 400,000 households nationwide.

Transactions

Action Obligated Date
Amendment $573,656
Original award The HOME investment partnerships program (HOME) provides need-based formula grants to states and local governments that are used to fund activities including… $641

Quick answers

Who received award M24MC060542?

M24MC060542 was awarded to City Of Escondido by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on October 24, 2024.

How much is award M24MC060542 worth?

$574,296 has been obligated on M24MC060542.

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