The City of Gulfport received a $492,941.83 formula grant award on January 23, 2026, under the Home Investment Partnerships Program (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. The award will support affordable housing initiatives in Gulfport, MS through September 30, 2034. Under this program, the city will deploy funds toward expanding the supply of affordable housing for low- and very low-income residents through eligible activities that may include rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance.
As a formula grant recipient, the City of Gulfport is required to develop and implement housing strategies aligned with its Consolidated Plan and annual action plans submitted to HUD, ensuring that all HOME-funded projects meet federal income targeting and affordability requirements. The city will coordinate housing activities directly or through partnerships with developers, nonprofit organizations, and community partners to achieve program objectives. All assisted housing funded through this award must remain affordable to low-income households for the requisite affordability period, and the city must maintain detailed records documenting compliance with program requirements for the specified retention periods established under 24 CFR Part 91.