Home investment partnerships program

The Municipality of Arecibo received a $431,416.14 formula grant award 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) on September 17, 2025. This award, obligated through September 30, 2034, supports the expansion of affordable housing supply for low- and very low-income households in Arecibo, Puerto Rico. The municipality utilizes HOME grant funds to finance a range of housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance programs, and acquisition and construction of rental housing, with all projects maintained at affordable levels for five to twenty years depending on activity type.

As a participating jurisdiction, the Municipality of Arecibo distributes HOME funds through sub-awards to partner organizations and community entities to implement affordable housing initiatives. The municipality's demonstrated experience managing federal grants includes prior HOME Program allocations and complementary funding streams such as Community Development Block Grants (CDBG) and Energy Efficiency and Conservation Block Grant (EECBG) Program awards. Sub-award activities have historically encompassed housing rehabilitation, elderly services including congregate and home-delivered meals, and infrastructure improvements in partnership with local and regional entities, reflecting a comprehensive community development approach aligned with the program's statutory objectives.