Summary

The Bradenton Housing Authority received a $661,327 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), effective April 1, 2026 through March 31, 2030. This funding supports capital and management activities essential to maintaining the Authority's public housing inventory, including modernization and infrastructure improvements designed to ensure public housing units remain in decent, safe, and sanitary condition. The Capital Fund allocation enables the Authority to execute activities specified in its approved five-year action plan, such as facility upgrades, emergency repairs, and management improvements that support HUD's mission of providing affordable housing to low-income families, elderly individuals, and persons with disabilities in the Bradenton, Florida area.

As a formula-based allocation rather than a competitive award, this grant reflects the Bradenton Housing Authority's public housing inventory characteristics and is one of approximately 2,770 similar allocations distributed nationally to Public Housing Agencies managing nearly one million units across all 50 states and territories. The Authority must maintain accurate inventory data in HUD's Information Management System, comply with Uniform Administrative Requirements (2 CFR Part 200), and manage cumulative cost records for audit purposes. Obligation of funds is due by March 31, 2027, with final expenditure deadline of March 31, 2030.