Home investment partnerships program

The U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded the City of Pompano Beach a formula grant of $418,397.85 under the HOME Investment Partnerships Program (CFDA 14.239) on September 25, 2025. This award supports affordable housing development, rehabilitation, and tenant-based rental assistance activities through September 30, 2034. The funding enables the municipality to expand the supply of affordable housing for low and very low-income residents while strengthening local capacity to design and implement housing strategies that meet federal affordability and income-targeting requirements.

As a participating jurisdiction under the HOME program, the City of Pompano Beach is responsible for administering the grant funds in accordance with its five-year Consolidated Plan and annual Action Plans, subject to HUD review and 24 CFR Part 91 compliance requirements. Eligible activities funded through this allocation include rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance, with assisted units required to maintain affordability for 5 to 20 years depending on the activity type and HOME funding contribution.