Federal Grant Award Summary

The Housing Authority of the City of Crossett received a $381,274 Formula Grant award from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872), effective April 1, 2026, through March 31, 2030. This award supports capital and management activities essential to modernizing and maintaining public housing infrastructure serving low-income residents in Crossett, Arkansas. Eligible activities funded under this award include public housing development, modernization, infrastructure improvements, management enhancements, and financing activities as specified in the PHA's approved 5-year action plan or authorized emergency repairs.

As a formula-based allocation program, the Public Housing Capital Fund distributes resources to approximately 2,770 Public Housing Agencies nationwide based on established formulas reflecting inventory characteristics such as unit counts, building age, and construction costs. The Crossett Housing Authority, which directly administers all funded activities without sub-award partners, must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements. The authority's funding must be obligated by the specified deadline and expended by March 31, 2030, with all capital improvements tracked and documented for HUD review and independent audit purposes.