Formula Grant M25MC720209

The U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded $366,945.43 to Municipio De Toa Baja, Puerto Rico, under the Home Investment Partnerships Program (CFDA 14.239) on September 18, 2025. This formula grant will support affordable housing activities through September 30, 2034, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. All HOME-funded projects must meet income targeting and affordability requirements, with assisted housing remaining affordable to low-income households for periods ranging from five to twenty years depending on the activity type and funding contribution level.

As a participating jurisdiction, Municipio De Toa Baja will deploy these funds either directly through municipal initiatives or by providing awards to developers, nonprofit organizations, and other community partners to expand the supply of affordable housing for low- and very low-income residents. The municipality is required to maintain records documenting compliance with program requirements for the most recent five-year period, with affordability documentation maintained for five years beyond the required affordability period. This award represents ongoing federal investment in community development and housing infrastructure for the municipality's low- and moderate-income population.