Federal Grant Award Summary

The Municipal Housing Agency received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $654,364 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, through March 31, 2030. This award supports capital and management activities for public housing in Manawa, Iowa, including modernization, infrastructure improvements, development of housing units, and emergency repairs. The Capital Fund allocation enables the agency to enhance the quality and functionality of its public housing inventory while serving low-income residents in its service area.

As a formula-based allocation rather than a competitive grant, the award amount was calculated using HUD's established methodology reflecting the agency's public housing inventory characteristics, such as unit counts, building age, and construction costs. Permitted uses of capital funds include modernization and development activities, management improvements, financing costs, and debt service payments for standard and mixed-finance developments, all of which must be documented in the agency's HUD-approved five-year action plan or approved for emergency work. The agency is required to comply with 2 CFR Part 200 Uniform Administrative Requirements and maintain accurate inventory data in HUD's Information Management System throughout the performance period.