Formula Grant M24UC480235

Award Date 9/16/24
Completion Date 9/30/33
Dollars Obligated $671K
Federal Grant Program
14.239
Assistance Type
Formula Grant
Place of Performance
Conroe, TX 77301, USA
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The Department of Housing and Urban Development's Home Investment Partnerships Program (CFDA 14.239) awarded a $670,649.19 formula grant to the County of Montgomery, TX on September 16, 2024. This funding will support the county's efforts to expand affordable housing opportunities for low- and very low-income residents.

The grant enables the county to undertake a range of eligible activities, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. As part of this award, the county has provided two sub-grants:

  • $XX,XXX to the Walker-Montgomery Community Development Corporation to support construction costs for affordable housing projects and to acquire new properties for future development.
  • $XX,XXX to Easter Seals of Greater Houston to provide down payment assistance and homebuyer education services for low-income families, veterans, and individuals with disabilities in Montgomery County.

The Home Investment Partnerships Program aims to strengthen the capacity of state and local governments to design and implement strategies for increasing the supply of decent, safe, and affordable housing for economically disadvantaged populations.

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