Formula Grant CT26P02850126

The Town of Vernon Housing Authority received a $640,303 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 (CFDA 14.872), effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities essential to modernizing and maintaining the Authority's public housing portfolio, including infrastructure improvements, emergency repairs, energy efficiency upgrades, and development of public housing units. The Capital Fund allocation is calculated using a federal formula based on the Authority's public housing inventory characteristics—such as unit counts, building age, and construction costs—rather than through a competitive application process.

The Authority will utilize these funds to perform public housing development, modernization, and financing activities as described in 24 CFR Part 905 and outlined in its HUD-approved 5-Year Action Plan. Eligible activities encompass physical upgrades to existing housing units, acquisition and construction of additional public housing units, management improvements, and debt service payments. By combining this Capital Fund award with its concurrent Public Housing Operating Fund grants, the Authority directly administers comprehensive public housing services designed to ensure decent, safe, and sanitary living conditions for low-income residents in Vernon, Connecticut, as part of the national public housing system serving nearly one million units across approximately 2,770 public housing agencies nationwide.