Federal Grant Award Summary

The Housing Authority of the City of Mount Vernon received $107,953 in formula grant funding 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) for the performance period of April 1, 2026 through March 31, 2030. The Capital Fund provides annual allocations to Public Housing Agencies to support capital and management activities that improve and maintain affordable housing infrastructure serving low-income residents.

Through this award, the Housing Authority will undertake capital improvement activities including public housing modernization, development, infrastructure upgrades, and management improvements in Mount Vernon, Georgia. Eligible uses of Capital Fund resources include construction and acquisition activities that expand or reconfigure public housing units, energy efficiency enhancements, emergency repairs, and financing costs associated with public housing developments. As a formula-based allocation program, the funding amount was calculated by HUD using established methodologies reflecting the agency's public housing inventory characteristics rather than through a competitive application process. The Housing Authority must obligate and expend funds in accordance with 24 CFR Part 905 and maintain compliance with 2 CFR 200 Uniform Administrative Requirements.