Federal Formula Grant Award Summary

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded $211,962 to the Montevallo Housing Authority through the Public Housing Capital Fund (CFDA 14.872) on April 1, 2026, with a completion date of March 31, 2030. This formula-based allocation supports capital and management activities for public housing serving low-income residents in Montevallo, Alabama. The funds are designated for eligible activities including public housing modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development activities as specified in 24 CFR 905.200.

The Montevallo Housing Authority will utilize these capital funds to carry out improvements and modernization of its public housing portfolio within the established 5-year action plan framework or for HUD-approved emergency and disaster-related work. Activities may encompass construction, acquisition, and renovation of public housing units, as well as financing costs associated with standard and mixed-finance developments. As a formula grant recipient, the Housing Authority maintains continuous eligibility through accurate certification of its public housing inventory data in HUD's Information Management System, with no competitive application required for this annual allocation.