Formula Grant M25MC240200

The Department of Housing & Community Development of the Mayor and City Council of Baltimore received a formula grant award of $3,866,087.24 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 January 9, 2026, with a completion date of September 30, 2034. This award provides funding to expand the supply of affordable housing for low- and very low-income Baltimore residents through a range of housing activities.

The funds support the development and preservation of affordable housing through multiple mechanisms, including rehabilitation of owner-occupied housing, homebuyer assistance programs, acquisition and rehabilitation or new construction of rental housing, and tenant-based rental assistance to low-income households. All HOME-funded projects must comply with income targeting and affordability requirements, ensuring that assisted housing remains affordable to low-income households for periods ranging from five to twenty years depending on the activity type and level of HOME funding invested. The Baltimore jurisdiction will undertake these housing activities directly or in partnership with developers, nonprofit organizations, and other community partners to address local affordable housing needs and support vulnerable populations throughout the city.