Federal Formula Grant Award Summary

The Glenwood Housing Authority of the City of Glenwood received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $160,992 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026 through March 31, 2030. Under this award, the Authority will implement capital and management activities to support low-income public housing residents, including housing modernization, infrastructure improvements, facility rehabilitation, and emergency repairs to its public housing inventory. The funding supports the Authority's compliance with eligible capital activities as defined in 24 CFR Part 905, with all expenditures required to align with the Authority's approved 5-Year Action Plan or HUD-approved emergency work priorities.

As a formula-based allocation program, the Public Housing Capital Fund distributes annual grants to approximately 2,770 Public Housing Agencies nationwide managing nearly one million housing units across all 50 states and territories. The Glenwood Housing Authority's allocation is calculated using HUD's established formula, which considers factors such as unit count, building age, and construction costs rather than through competitive application processes. The Authority must maintain accurate public housing inventory information in HUD's Information Management System, submit annual Capital Fund certifications, and comply with 2 CFR 200 Uniform Administrative Requirements and audit requirements throughout the award period.