Home investment partnerships program

Active Formula Grant Awarded Last action

Award ID
M24MC220208
Recipient
Awarding agency
Obligated
$327,041

Award facts

Assistance listing
14.239 Home Investment Partnerships Program
Completion date 21% complete
Place of performance
Lake Charles, LA 70601, USA

Award details come from USAspending.gov.

About this award

The U.S. Department of Housing and Urban Development (HUD) awarded a $327,041.09 Formula Grant through the HOME Investment Partnerships Program (CFDA 14.239) to the City of Lake Charles, Louisiana on December 29, 2024. The HOME program provides grants to state and local governments to fund a range of affordable housing activities, including rehabilitation of owner-occupied housing, assistance to homebuyers, and rental housing construction/rehabilitation. The funds must be used to benefit low-income households, with affordability requirements ranging from 5 to 20 years depending on the activity. The City of Lake Charles, as the sub-awardee, will directly undertake or provide HOME funds to developers, owners, and other partners to implement these affordable housing initiatives. The grant has a performance period running through September 30, 2033.

Transactions

Action Obligated Date
Amendment The home investment partnerships program (home) provides need-based formula grants to states and local governments that are used to fund activities including… $365
Original award $326,676

Quick answers

Who received award M24MC220208?

M24MC220208 was awarded to City Of Lake Charles by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on December 29, 2024.

How much is award M24MC220208 worth?

$327,041 has been obligated on M24MC220208.

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