Home investment partnerships program

Active Formula Grant Awarded

Award ID
M25MC720209
Recipient
Awarding agency
Obligated
$366,945

Award facts

Assistance listing
14.239 Home Investment Partnerships Program
Completion date 12% complete
Place of performance
Toa Baja, 00951, Puerto Rico

Award details come from USAspending.gov.

About this award

The Municipio De Toa Baja received a formula grant allocation of $366,945.43 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), effective September 18, 2025, with a completion date of September 30, 2034. This award supports affordable housing activities in Toa Baja, Puerto Rico, consistent with the municipality's status as a participating jurisdiction.

Under the HOME program, the municipality may direct funds toward rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance for low- to very low-income households. All HOME-assisted housing must meet federal income targeting and affordability requirements, with units remaining affordable to low-income households for 5 to 20 years depending on the activity type and level of HOME funding contribution. The municipality may undertake projects directly or distribute funds to developers, owners, and partner organizations engaged in affordable housing development. The award is subject to standard HOME program requirements, including submission of Consolidated and Annual Action Plans for HUD review and maintenance of records for five years beyond applicable affordability periods.

Transactions

Action Obligated Date
Amendment $1,368
Amendment $363,754
Original award The home investment partnerships program (home) provides need-based formula grants to states and local governments that are used to fund activities including… $1,823

Quick answers

Who received award M25MC720209?

M25MC720209 was awarded to Municipio De TOA Baja by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on September 18, 2025.

How much is award M25MC720209 worth?

$366,945 has been obligated on M25MC720209.

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