Summary of Federal Grant Award

The Housing Authority of the City of Beebe received $128,748 in formula grant funding from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872). The award, effective April 1, 2026, through March 31, 2030, supports capital and management activities to maintain and improve the City of Beebe's public housing portfolio serving low-income residents.

The funding will support eligible modernization, development, and rehabilitation activities including infrastructure improvements, energy efficiency upgrades, and safety and security enhancements to public housing units. The capital funds may be allocated toward construction, acquisition of additional housing units, routine and preventative maintenance, and other eligible activities specified in the agency's HUD-approved 5-Year Action Plan. As a formula-based allocation rather than a competitive grant, the award amount is calculated using established metrics reflecting the agency's public housing inventory characteristics such as unit counts, building age, and construction costs, and obligates the Housing Authority to maintain accurate inventory data in HUD's Information Management System and comply with applicable federal administrative requirements.