Home investment partnerships program

The Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, awarded the Municipality of Aguadilla a formula grant of $413,699.44 under the Home Investment Partnerships Program (CFDA 14.239) on September 18, 2025, with a completion date of September 30, 2034. The municipality will utilize these funds to expand the supply of affordable housing for low- and very low-income residents in Aguadilla, Puerto Rico, through activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance. All assisted housing must meet federal income targeting requirements and remain affordable for 5 to 20 years depending on the activity type and HOME contribution level.

The Municipality of Aguadilla implements this program through collaborative partnerships with multiple state and local agencies, including the Puerto Rico Department of Housing and the Governor's Authorized Representative, to ensure coordinated delivery of affordable housing solutions. As a participating jurisdiction, the municipality is required to submit five-year Consolidated Plans and annual Action Plans for HUD review, and must maintain comprehensive records documenting program compliance and affordability requirements for five years beyond the required affordability periods, in accordance with 24 CFR Part 91.