Formula Grant M24UC120209

Award Date 9/19/24
Completion Date 9/30/33
Dollars Obligated $3.2M
Federal Grant Program
14.239
Assistance Type
Formula Grant
Place of Performance
Jacksonville, FL 32202, USA
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The federal Formula Grant award of $3,247,216.72 was provided by the U.S. Department of Housing and Urban Development's (HUD) Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239). The grant, awarded on September 19, 2024, supports the City of Jacksonville, Florida's efforts to expand affordable housing opportunities for low- and very low-income residents.

The Home Investment Partnerships Program provides formula-based funding to state and local governments to fund a range of eligible affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. The grant award to the City of Jacksonville will enable the city to design and implement affordable housing strategies and create decent, safe, and affordable housing options for economically disadvantaged populations within its jurisdiction.

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