Formula Grant FL29P03150126

The Marianna Housing Authority received a $244,452 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) program, effective April 1, 2026 through March 31, 2030. This award supports capital and management activities essential to maintaining and improving the Authority's public housing portfolio serving low-income residents in Marianna, Florida. Permissible uses of the Capital Fund include modernization and infrastructure improvements, development activities that expand or reconfigure housing units, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments for public housing developments.

As a formula-based allocation rather than a competitive grant, the award amount was calculated by HUD using established formulas based on the Authority's public housing inventory characteristics, including unit counts, building age, and construction costs. All Capital Fund activities must be either specified in the Authority's approved 5-year action plan or approved by HUD for emergency work or disasters. The Authority must maintain compliance with 2 CFR 200 Uniform Administrative Requirements and certify the accuracy of its public housing inventory data in HUD's Information Management System to sustain eligibility for this recurring annual funding mechanism.