Home investment partnerships program

Active Formula Grant Awarded

Award ID
M25MC250209
Recipient
Awarding agency
Obligated
$1,488,621

Award facts

Assistance listing
14.239 Home Investment Partnerships Program
Completion date 13% complete
Place of performance
Springfield, MA 01103, USA

Award details come from USAspending.gov.

About this award

The City of Springfield received a formula grant award of $1,488,620.88 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). The award, obligated on September 15, 2025, with a completion date of September 30, 2034, supports the expansion of affordable housing supply for low- and very low-income households in Springfield, Massachusetts. Through this funding, the city implements a range of housing activities including rehabilitation of owner-occupied housing, homebuyer assistance programs, acquisition and construction of rental housing, and tenant-based rental assistance.

As a formula grant recipient, Springfield receives its allocation based on statutory distribution formulas rather than through competitive application. The city is required to maintain federal income targeting requirements and ensure affordability compliance for five to twenty years depending on the specific activity type and funding contribution level. The award supports Springfield's broader community development strategy, which addresses critical housing needs and revitalization initiatives for vulnerable populations, with program activities subject to HUD oversight, Consolidated Plans, annual action plans, and compliance with 24 CFR Part 91 regulations.

Transactions

Action Obligated Date
Amendment $1,475,674
Amendment The HOME investment partnerships program (HOME) provides need-based formula grants to states and local governments that are used to fund activities including… $7,396
Original award $5,551

Quick answers

Who received award M25MC250209?

M25MC250209 was awarded to City Of Springfield by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on September 15, 2025.

How much is award M25MC250209 worth?

$1,488,621 has been obligated on M25MC250209.

On GovTribe

See this award's full record

  • Every transaction and subaward
  • The recipient's other awards and teaming partners
  • Similar grant awards
  • Ask GovTribe AI about this award