Federal Grant Award Summary

The City of New Brunswick received a $458,630.06 formula grant award on September 22, 2025, under the Home Investment Partnerships Program (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. The award will support affordable housing development activities through September 30, 2034, with a focus on expanding the supply of affordable rental housing and strengthening housing strategies for low- and very low-income residents.

Under this grant, the City of New Brunswick will deploy funds for eligible HOME program 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, the city is required to implement these housing initiatives in accordance with its HUD-approved Consolidated Plan and annual action plans, while maintaining affordability restrictions for assisted units over the five- to twenty-year affordability periods mandated by the program. This award represents the city's continued participation in the HOME program, which has historically distributed over $41 billion nationally to create affordable housing units and provide rental assistance to low-income households.