Formula Grant AR56P06950126

The City of Rector Housing Authority received $222,209 in formula grant funding from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office through the Public Housing Capital Fund (CFDA 14.872) for the period of April 1, 2026 through March 31, 2030. This award supports capital and management activities essential to maintaining and improving the housing authority's public housing inventory, including modernization, infrastructure improvements, emergency repairs, and development activities necessary to ensure housing units meet federal safety and livability standards.

As a Public Housing Agency (PHA) serving low-income residents in Rector, Arkansas, the housing authority will utilize these capital funds for eligible activities such as physical improvements to existing units, facility upgrades, and management enhancements as specified in the approved 5-Year Action Plan or as approved by HUD for emergency work. The Capital Fund allocation is calculated using a formula-based methodology that reflects the characteristics of the PHA's public housing inventory, including unit counts and building age, rather than through a competitive application process, ensuring predictable annual funding for the approximately 2,770 PHAs nationwide managing nearly one million public housing units across all 50 states and territories.