Home investment partnerships program

The U.S. Department of Housing and Urban Development (HUD) awarded a $684,776.80 Formula Grant under the HOME Investment Partnerships Program (CFDA 14.239) to the City of Saint Petersburg, Florida. This grant funding will be used to finance a range of affordable housing activities, including rehabilitation of owner-occupied housing, assistance to homebuyers, and acquisition, rehabilitation, or construction of rental housing. The grant also supports tenant-based rental assistance. The city's Housing & Community Development Department will administer the grant to expand affordable housing opportunities and provide critical housing services to low- and very low-income residents in the Saint Petersburg metropolitan area. This award builds on the city's history of leveraging HUD formula grants, such as Community Development Block Grants (CDBG) and Emergency Solutions Grants (ESG), to address housing insecurity and support broader community development initiatives.