Formula Grant M25MC720204
- The Puerto Rico Housing Finance Authority received a $13.3 million formula grant award from the U.S. Department of Housing and Urban Development (HUD) under the Home Investment Partnerships Program (CFDA 14.239), effective September 23, 2025, through September 30, 2034. This funding supports a comprehensive range of affordable housing activities designed to expand housing opportunities for low- and very low-income households across Puerto Rico, including rehabilitation of owner-occupied housing,...
- The Municipality of Guaynabo, Puerto Rico was awarded a $275,114 HOME Investment Partnerships Program (CFDA 14.239) formula grant from the U.S. Department of Housing and Urban Development (HUD) on October 24, 2024. This funding is used to expand the supply of affordable rental and owner-occupied housing for low- and very low-income residents through activities such as rehabilitation, new construction, homebuyer assistance, and tenant-based rental aid. The HOME program provides formula grants...
- Federal Grant Award Summary The Municipality of San Juan received a formula grant award of $2,829,081.75 from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239), effective September 22, 2025, through September 30, 2034. This award funds the expansion of affordable housing supply for low- and very low-income residents in San Juan, Puerto Rico, through eligible housing...
- The Department of Housing and Urban Development (HUD) awarded the Municipio De TOA Baja in Puerto Rico a $347,555.58 HOME Investment Partnerships Program (CFDA 14.239) formula grant. This award, with a period of performance from October 2024 to September 2033, will be used to finance a range of affordable housing activities, including rehabilitation of owner-occupied housing, assistance to homebuyers, and acquisition, rehabilitation, or construction of rental housing. The HOME program,...
- Federal Grant Award Summary The U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded Municipio De Bayamon a HOME Investment Partnerships Program (CFDA 14.239) formula grant totaling $1,011,314.78, with an award date of September 19, 2025, and a completion date of September 30, 2034. The HOME program provides formula-based funding to state and local governments to expand the supply of affordable housing for low- and very...
- Federal Grant Award Summary The Municipality of Aguadilla received a formula grant award of $413,699.44 from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239). The award, announced on September 18, 2025, with a completion date of September 30, 2034, supports the expansion of affordable housing supply for low- and very low-income residents in Aguadilla, Puerto Rico. Under...
- The U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded Caguas Municipality $733,822.90 under the Home Investment Partnerships Program (CFDA 14.239) on September 22, 2025, with a completion date of September 30, 2034. As a formula grant distributed to the municipality located in Caguas, Puerto Rico, these funds support the expansion of affordable housing for low- and very low-income residents through activities that may include...
- The Municipality of Guaynabo received a $321,109.19 formula grant award from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239) on September 23, 2025. The award, which extends through September 30, 2034, supports affordable housing development activities in Guaynabo, Puerto Rico through the municipality's Planning Office. Under this HOME program award, the municipality...
- The Municipality of Mayagüez received a formula grant of $423,066.91 awarded on September 23, 2025, from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239). This award supports the municipality's Housing and Federal Programs Division in expanding the supply of affordable housing for low- and very low-income residents in the Mayagüez region of Puerto Rico through September...
- Federal Grant Award Summary The Municipio De Arecibo received a $431,416.14 formula grant award on September 17, 2025, from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239). This nine-year grant, which extends through September 30, 2034, supports the expansion of affordable housing supply for low- and very low-income residents in Arecibo, Puerto Rico. The municipality...
HOME Investment Partnerships Program Formula Grant Award Summary The U.S. Department of Housing and Urban Development (HUD), through its Assistant Secretary for Community Planning and Development, awarded $761,575.34 to Municipio De Carolina under the Home Investment Partnerships Program (CFDA 14.239) on September 23, 2025, with a completion date of September 30, 2034. This formula grant supports the expansion of affordable housing supply for low- and very low-income residents in Carolina, Puerto Rico, through the municipality's Infrastructure Management Division. The HOME program funds diverse housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance, with all assisted housing required to maintain affordability for five to twenty years depending on the activity type. As an experienced administrator of federal housing and community development programs, Municipio De Carolina will deploy these funds in coordination with its Consolidated Plan and Annual Action Plan submissions to HUD. The municipality's track record of managing substantial formula grants across multiple program areas—including Community Development Block Grants (CDBG), Emergency Solutions Grants (ESG), and other housing initiatives—demonstrates its capacity to effectively administer this nine-year award and achieve program objectives of expanding the affordable housing stock and strengthening community development infrastructure for the San Juan Metropolitan Area's low- and moderate-income populations.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $2.8k | 9/23/25 | ||
| Not listed | $3.8k | 9/23/25 | ||
| Not listed | $755.0k | 9/23/25 |