Home investment partnerships program

Active Formula Grant Awarded Last action

Award ID
M25MC340206
Recipient
Awarding agency
Obligated
$2,728,623

Award facts

Assistance listing
14.239 Home Investment Partnerships Program
Completion date 9% complete
Place of performance
Newark, NJ 07102, USA

Award details come from USAspending.gov.

About this award

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development awarded the City of Newark $2,728,622.98 under the Home Investment Partnerships Program (CFDA 14.239) on January 26, 2026. The HOME program funds activities including building, buying, and rehabilitating affordable housing for rent or homeownership, and providing direct rental assistance to low-income people. HOME-assisted housing must remain affordable to low-income households for 5, 10, 15, or 20 years depending on the type of activity and amount of HOME funding contributed. Participating jurisdictions can undertake HOME projects directly or provide funds to developers or other partners. The award covers the period from January 26, 2026 through September 30, 2034, with place of performance in Newark, NJ 07102.

Transactions

Action Obligated Date
Amendment $2,704,377
Amendment $10,395
Original award The home investment partnerships program (home) provides need-based formula grants to states and local governments that are used to fund activities including… $13,850

Quick answers

Who received award M25MC340206?

M25MC340206 was awarded to City Of Newark by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on January 26, 2026.

How much is award M25MC340206 worth?

$2,728,623 has been obligated on M25MC340206.

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