Home investment partnerships program

Active Formula Grant Awarded

Award ID
M25MC480201
Recipient
Awarding agency
Obligated
$520,772

Award facts

Assistance listing
14.239 Home Investment Partnerships Program
Completion date 9% complete
Place of performance
Beaumont, TX 77701, 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 $520,772.35 to the City of Beaumont on January 21, 2026, under the HOME Investment Partnerships Program (CFDA 14.239) to expand the supply of affordable housing for low and very low income residents through rehabilitation, homebuyer assistance, and rental housing activities.

The award funds work performed in Beaumont, Texas, with a period of performance through September 30, 2034. The HOME Investment Partnerships Program distributes formula allocations to states and local governments to strengthen their capacity to design and implement strategies for achieving adequate supplies of decent, affordable housing, particularly rental stock. Participating jurisdictions must maintain records documenting compliance with program requirements for the most recent five-year period, with affordability documentation retained for five years beyond the required retention period.

Transactions

Action Obligated Date
Amendment $1,942
Amendment The home investment partnerships program (home) provides need-based formula grants to states and local governments that are used to fund activities including… $2,587
Original award $516,243

Quick answers

Who received award M25MC480201?

M25MC480201 was awarded to City Of Beaumont by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on January 21, 2026.

How much is award M25MC480201 worth?

$520,772 has been obligated on M25MC480201.

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