Formula Grant M25MC060556

The City of Westminster received a $384,859.87 formula grant award from the U.S. Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, under the Home Investment Partnerships Program (CFDA 14.239), effective September 18, 2025, with a completion date of September 30, 2034. The HOME program provides formula-based funding to states and local governments to expand the supply of affordable housing for low- and very low-income households. Westminster will utilize these funds to finance a range of affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance to low-income residents.

All HOME-assisted housing developed through this award must meet federal income targeting and affordability requirements, with housing remaining affordable to low-income households for five to twenty years depending on the activity type and level of HOME funding contributed. Based on Westminster's prior federal grant work, the city has demonstrated experience deploying HOME funds toward projects such as the development of affordable rental housing with supportive services for persons experiencing homelessness and low-income households. The City may undertake housing projects directly or provide HOME funds to developers, nonprofit organizations, and other community partners to achieve program objectives.