Formula Grant KY36P00650126

The Housing Authority of Paducah received a $2.66 million formula grant award from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872) for the period April 1, 2026 through March 31, 2030. This funding supports capital and management activities essential to maintaining and improving the authority's public housing portfolio, which serves approximately 1,000 units and roughly 1,590 low-income residents, including elderly individuals, families with children, and persons with disabilities.

The grant funds eligible activities including public housing modernization, development, infrastructure improvements, emergency repairs, energy efficiency upgrades, and financing costs associated with standard and mixed-finance developments. The Housing Authority of Paducah must allocate these capital funds exclusively to activities specified in its 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 through HUD's formula-based allocation methodology, which reflects the authority's public housing inventory characteristics such as unit counts, building age, and construction costs, rather than through a competitive application process.