Home investment partnerships program

Active Formula Grant Awarded Last action

Award ID
M25MC060221
Recipient
Awarding agency
Obligated
$1,382,561

Award facts

Assistance listing
14.239 Home Investment Partnerships Program
Completion date 12% complete
Place of performance
Stockton, CA 95202, USA

Award details come from USAspending.gov.

About this award

The City of Stockton, California received a formula grant award of $1,382,561.08 on September 24, 2025, from the Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239). This award will fund affordable housing and related assistance activities through September 30, 2034, with performance taking place in Stockton, CA 95202. The City's Housing Division-Revitalization Department will administer these funds to expand the supply of affordable housing for low- and very low-income residents in the Stockton metropolitan area.

The grant supports multiple housing-focused activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. All funded housing must meet federal income targeting and affordability requirements, with assisted units remaining affordable for 5 to 20 years depending on the activity type and level of HOME program funding contribution. As a participating jurisdiction, the City of Stockton must submit five-year Consolidated Plans and annual Action Plans for HUD review and must maintain records for five years beyond the affordability periods to demonstrate compliance with program requirements.

Transactions

Action Obligated Date
Amendment $1,370,536
Amendment The HOME investment partnerships program (HOME) provides need-based formula grants to states and local governments that are used to fund activities including… $6,869
Original award $5,156

Quick answers

Who received award M25MC060221?

M25MC060221 was awarded to City Of Stockton by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on September 24, 2025.

How much is award M25MC060221 worth?

$1,382,561 has been obligated on M25MC060221.

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