Home investment partnerships program

Active Formula Grant Awarded Last action

Award ID
M25MC060527
Recipient
Awarding agency
Obligated
$680,158

Award facts

Assistance listing
14.239 Home Investment Partnerships Program
Completion date 10% complete
Place of performance
Pasadena, CA 91101, USA

Award details come from USAspending.gov.

About this award

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded the City of Pasadena $680,157.66 under the Home Investment Partnerships Program (CFDA 14.239) on December 17, 2025, to finance owner-occupied housing rehabilitation and homebuyer assistance through September 30, 2034.

HOME funds support a range of affordable housing activities including rehabilitation of owner-occupied housing, assistance to homebuyers, acquisition and construction of rental housing, and tenant-based rental assistance. HOME-assisted housing must meet affordability requirements and remain affordable to low-income households for 5, 10, 15, or 20 years depending on the type of activity and the amount of HOME funding contributed. The City of Pasadena, as a participating jurisdiction, may undertake HOME projects directly or provide funds to developers or partners for affordable housing development.

The award is structured as a formula grant, with allocations determined by a statutory formula rather than competitive selection. Participating jurisdictions must comply with 24 CFR Part 91 planning and reporting requirements, including submission of a Consolidated Plan and Annual Action Plan for HUD review.

Place of performance is Pasadena, California.

Transactions

Action Obligated Date
Amendment $674,242
Amendment $2,536
Original award The home investment partnerships program (home) provides need-based formula grants to states and local governments that are used to fund activities including… $3,379

Quick answers

Who received award M25MC060527?

M25MC060527 was awarded to City Of Pasadena by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on December 17, 2025.

How much is award M25MC060527 worth?

$680,158 has been obligated on M25MC060527.

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