Home investment partnerships program

Active Formula Grant Awarded

Award ID
M25MC720206
Recipient
Awarding agency
Obligated
$423,067

Award facts

Assistance listing
14.239 Home Investment Partnerships Program
Completion date 12% complete
Place of performance
Mayagüez, Puerto Rico

Award details come from USAspending.gov.

About this award

The Department of Housing and Urban Development awarded the Municipality of Mayaguez $423,066.91 on September 23, 2025, under the HOME Investment Partnerships Program (CFDA 14.239), a formula grant designed to expand the supply of affordable housing for low and very low income Americans.

The award covers the period through September 30, 2034, with place of performance in Mayaguez, Puerto Rico. The Municipality of Mayaguez, through its Housing and Federal Programs Division, administers HOME funds to support affordable housing activities in the municipality. The HOME program distributes funding by formula to states and local governments; individual applicants are not eligible. Participating jurisdictions must submit a Consolidated Plan every five years and annual action plans, which HUD reviews for completeness and consistency with program purposes within 45 days of receipt. Recipients must maintain records documenting compliance with program requirements for five years following the period of affordability.

Transactions

Action Obligated Date
Amendment $2,339
Amendment The home investment partnerships program (home) provides need-based formula grants to states and local governments that are used to fund activities including… $3,116
Original award $417,611

Quick answers

Who received award M25MC720206?

M25MC720206 was awarded to Municipality Of Mayaguez by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on September 23, 2025.

How much is award M25MC720206 worth?

$423,067 has been obligated on M25MC720206.

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