Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded Pasco County Board of County Commissioners $1,172,493.05 under the Home Investment Partnerships Program (CFDA 14.239) on January 5, 2026. The award funds owner-occupied housing rehabilitation, homebuyer assistance, and rental housing acquisition and construction within the county's affordable housing portfolio. The period of performance extends through September 30, 2034, with place of performance in New Port Richey, Florida. HOME formula grants support activities that build, acquire, rehabilitate, or construct affordable housing for rent or sale to low- and very-low-income households, or provide tenant-based rental assistance. Assisted housing must meet affordability requirements and remain affordable for 5 to 20 years depending on the activity type and level of HOME contribution. Pasco County, as a participating jurisdiction, may undertake HOME projects directly or pass funds to developers and other affordable housing partners. The county maintains a substantial federal grants portfolio across HUD, the Federal Transit Administration, FEMA, and the Department of Justice, with HUD representing the largest funding source through Community Development Block Grant, Emergency Solutions Grant, and other formula programs.