Formula Grant M24MC120229

Award Date 9/12/24
Completion Date 9/30/33
Dollars Obligated $404K
Federal Grant Program
14.239
Assistance Type
Formula Grant
Place of Performance
Pompano Beach, FL 33060, USA
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The federal grant award of $403,897.80 was provided by the U.S. Department of Housing and Urban Development (HUD) under the Home Investment Partnerships Program (CFDA 14.239). This formula grant is used to fund a variety of affordable housing activities in the City of Pompano Beach, Florida, including rehabilitation of owner-occupied housing, assistance to homebuyers, acquisition and rehabilitation or construction of rental housing, and provision of tenant-based rental assistance. The grant aims to expand the supply of affordable housing for low- and very low-income households, with at least 90% of rental units and tenant-based rental assistance benefiting those at or below 60% of the area median income. The grant award was made on September 12, 2024, with an expected completion date of September 30, 2033. Sub-award details were not provided in the information given.

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