Home investment partnerships program

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development awarded the City of Lakeland $376,899.02 on January 6, 2026, under the Home Investment Partnerships Program (CFDA 14.239), a formula grant providing need-based funding to states and local governments for affordable housing activities.

The City of Lakeland will use these funds to finance rehabilitation of owner-occupied housing, assistance to homebuyers, acquisition and rehabilitation of rental housing, and tenant-based rental assistance for low- and very low-income households. HOME-assisted housing must meet affordability requirements and remain affordable for 5, 10, 15, or 20 years depending on the activity type and level of HOME funding contribution.

The award period runs through September 30, 2034, with place of performance in Lakeland, Florida 33801. This is the most recent of forty-one HOME formula awards the city has received, reflecting Lakeland's participation as a local government eligible to receive direct allocation under the program's 60 percent locality distribution.