Formula Grant FL14P05650126

The Melbourne Housing Authority received a $462,539 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 for public housing modernization, development, and infrastructure improvements serving the Indian Harbour Beach, Florida area. The Capital Fund enables the Authority to execute eligible activities including facility modernization, critical infrastructure upgrades, energy efficiency improvements, emergency repairs, and management enhancements as specified in the Authority's approved 5-Year Action Plan or as approved by HUD for emergency or disaster-related work.

As a formula-based allocation program, the Public Housing Capital Fund distributes annual grants to approximately 2,770 Public Housing Agencies nationwide without requiring competitive applications. Awards are calculated using established formulas reflecting each agency's public housing inventory characteristics, including unit counts, building age, and construction costs. The Melbourne Housing Authority, which manages approximately 1,590 public housing units, must maintain accurate inventory data in HUD's Information Management System, comply with 2 CFR 200 Uniform Administrative Requirements, and track all capital expenditures for audit purposes. Funds may only be utilized for activities described in 24 CFR 905.200 and are subject to standard obligation and expenditure deadline requirements.