Summary of Federal Formula Grant Award

The Tell City Housing Authority received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $507,729 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 funding supports capital and management activities for public housing facilities serving low-income residents in Tell City, Indiana, with eligible uses including modernization, development, infrastructure improvements, emergency repairs, and management enhancements to the authority's housing inventory.

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 public housing units. The Tell City Housing Authority must deploy these capital funds in accordance with its approved five-year action plan and comply with 24 CFR Part 905 eligible activities requirements. The authority is responsible for maintaining accurate inventory data in HUD's Information Management System and adhering to 2 CFR 200 Uniform Administrative Requirements, with obligation deadlines established by HUD and expenditure requirements to be completed by the award end date.