Federal Grant Award Summary

The Salem Housing Authority received a $138,336 formula grant award from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) program, effective April 1, 2026, with a completion date of March 31, 2030. This funding supports capital improvements and modernization activities for the authority's public housing portfolio serving low-income residents in Salem, Arkansas. The grant may be applied toward eligible activities including public housing development, modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, management improvements, and financing-related costs as defined in 24 CFR Part 905.

As a formula-based allocation rather than a competitively awarded grant, the funding amount was calculated by HUD using established formulas that reflect the Salem Housing Authority's public housing inventory characteristics, such as unit counts, building age, and construction costs. The authority must obligate these funds in accordance with an HUD-approved 5-year action plan or for emergency work, and must comply with 2 CFR 200 Uniform Administrative Requirements, including maintaining detailed budgets and cost records subject to HUD audit and review.