Summary

The Housing Authority of the City of Charlestown received a $851,335 formula grant award dated April 1, 2026, under the Public Housing Capital Fund (CFDA 14.872), administered by the U.S. Department of Housing and Urban Development's Public and Indian Housing Office. This award supports capital and management activities for public housing serving low-income residents in Charlestown, Indiana through March 31, 2030. The funding is allocated to eligible capital improvement activities as defined in 24 CFR 905.200, including public housing modernization, infrastructure upgrades, energy efficiency improvements, emergency repairs, and development activities that add to or reconfigure the authority's housing inventory. These capital improvements directly enhance the quality, safety, and functionality of the public housing units available to the authority's service population.

As a formula-based allocation rather than a competitive grant, the award amount was calculated by HUD using established formulas reflecting the authority's public housing inventory characteristics, including unit counts, building age, and construction costs. The authority must use the funds exclusively for activities specified in its HUD-approved 5-year action plan or for emergency repairs and disaster-related work. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, with maintenance of detailed budgets and cost records required for HUD and independent auditor review.