Federal Grant Award Summary

The City of Clearwater received $383,226.12 in formula grant funding from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development through the Home Investment Partnerships Program (CFDA 14.239), awarded on January 22, 2026. The grant, with a performance period extending through September 30, 2034, supports the expansion of affordable housing supply for low- and very low-income residents in the Belleair, Florida area. Under this federal program, the City of Clearwater will utilize the funds to implement housing activities that may include rehabilitation of owner-occupied housing, homebuyer assistance programs, acquisition and construction of rental housing, and tenant-based rental assistance, in accordance with HUD's consolidated and annual action planning requirements.

As a formula-based allocation distributed through established federal methodologies, this award reflects the HOME program's nationwide effort to create and preserve affordable housing units while strengthening local government capacity to design and implement sustainable housing strategies. The City of Clearwater's participation in the HOME program requires maintenance of comprehensive records documenting compliance with program requirements, income targeting standards, and affordability requirements, with assisted housing remaining affordable to low-income households for periods ranging from five to twenty years depending on activity type and funding contribution level.