Federal Grant Award Summary

County of Montgomery received a formula grant award of $708,125.09 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 February 4, 2026, with a completion date of September 30, 2034. The HOME program provides formula-based funding to eligible state and local governments to expand the supply of affordable housing for low- and very low-income households. County of Montgomery will deploy these funds to support a range of housing activities including rehabilitation of owner-occupied housing, homebuyer assistance programs, acquisition and construction of rental housing, and tenant-based rental assistance within Conroe, Texas.

As a participating jurisdiction, County of Montgomery is required to submit Consolidated Plans and annual action plans detailing the deployment of HOME funds and must ensure all funded housing activities meet income targeting and affordability requirements established by HUD. The county will undertake or coordinate housing projects directly or through sub-award arrangements with developers, nonprofit organizations, and community partners to achieve the program's objectives of strengthening local government capacity to address affordable housing needs. All assisted housing units must remain affordable to low-income households for five to twenty years depending on the activity type and funding contribution level, in compliance with 24 CFR Part 91.