Federal Grant Award Summary

North Ward Plaza, a municipal housing authority in Winterset, Iowa, received a $103,777 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 program (CFDA 14.872), effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities essential to maintaining and improving public housing infrastructure serving low-income residents in the community.

The award funds modernization, development, management improvements, and related capital activities as specified in 24 CFR Part 905, including construction, acquisition, rehabilitation of public housing units, and financing-related costs such as debt service payments. As a formula-based allocation rather than a competitive grant, the award amount reflects North Ward Plaza's public housing inventory characteristics, including unit count, building age, and construction costs. The awardee must allocate funds only toward eligible activities specified in an approved five-year action plan or for emergency or disaster-related work, while maintaining compliance with 2 CFR 200 Uniform Administrative Requirements and accurate inventory documentation in HUD's Information Management System.