Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded $17,279,363.53 to Florida Housing Finance Corporation on February 24, 2026, under the Home Investment Partnerships Program (CFDA 14.239). The award funds affordable housing production, preservation, rehabilitation, and tenant-based rental assistance throughout Florida, with performance extending through September 30, 2034. Florida Housing Finance Corporation, headquartered in Tallahassee, acts as prime recipient and distributes funds through sub-awards to partner organizations and developers statewide. The program prioritizes extremely low-income and very low-income households earning at or below 50 percent of area median income. HOME formula allocations are distributed by state and local formula rather than individual application; Florida Housing Finance Corporation receives these funds as the state housing finance agency designated to administer them. The corporation operates exclusively within the federal grant ecosystem and receives formula grants under two HUD programs: HOME (CFDA 14.239) and the Housing Trust Fund (CFDA 14.275).