Federal Formula Grant Award Summary

Rock Rapids Municipal Housing Agency received a $110,933 Public Housing Capital Fund (CFDA 14.872) award 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 formula-based grant allocation supports capital and management activities for the agency's public housing portfolio serving low-income residents, elderly individuals, and persons with disabilities in Rock Rapids, Iowa. Eligible uses of the capital funds include public housing modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development activities to ensure housing units remain decent, safe, and sanitary.

The funds may be obligated only for activities specified in the agency's HUD-approved five-year action plan or for emergency work and repairs necessitated by non-presidentially declared natural disasters, in accordance with 24 CFR Part 905. The award amount was calculated using HUD's established formula methodology based on the agency's public housing inventory characteristics rather than through a competitive application process. As a formula grant recipient, Rock Rapids Municipal Housing must maintain accurate inventory data in HUD's Information Management System, comply with 2 CFR 200 Uniform Administrative Requirements, and submit annual certifications to HUD documenting compliance and fund utilization.