Federal Grant Award Summary

The City of Cedar Rapids received a formula grant of $365,781.23 from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239), awarded on September 23, 2025, with a completion date of September 30, 2034. This funding supports the expansion of affordable housing supply for low- and very low-income residents in Cedar Rapids, Iowa. The HOME program enables the city to implement housing activities including rehabilitation of owner-occupied housing, homebuyer assistance programs, acquisition and construction of rental housing, and tenant-based rental assistance services.

As a formula grant recipient, the City of Cedar Rapids is required to deploy these funds in accordance with its Consolidated Plan and Annual Action Plan, ensuring that all HOME-funded projects meet income targeting requirements and maintain affordability for low-income households for five to twenty years depending on the activity type. The city administers this grant directly or through sub-award arrangements with developers, nonprofit organizations, and community partners to achieve the program's affordable housing objectives across the Cedar Rapids municipal jurisdiction.