Federal Grant Award Summary

Housing Authority Madisonville received a $518,596.00 formula grant from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) effective April 1, 2026 through March 31, 2030. This award provides capital funding to support modernization, infrastructure improvements, and development activities for public housing units in Madisonville, Kentucky. The Capital Fund allocation is calculated using a statutory formula based on characteristics of the public housing inventory, including unit counts, building age, and construction costs, rather than through a competitive application process.

The funding enables Housing Authority Madisonville to carry out eligible capital and management activities as specified in 24 CFR Part 905, with primary focus on public housing development, modernization, and financing. Permissible uses include construction and acquisition of additional housing units, infrastructure repairs and upgrades, energy efficiency improvements, emergency repairs, debt service payments, and customary financing costs for mixed-finance developments. All expenditures must be specified in an approved five-year action plan or approved by HUD for emergency work. Housing Authority Madisonville, which manages the local public housing portfolio serving low-income families, elderly individuals, and persons with disabilities, must maintain compliance with the Uniform Administrative Requirements (2 CFR 200) and comply with HUD audit and reporting requirements throughout the grant performance period.