Federal Grant Award Summary

The Housing Authority of Henderson received a $1,350,727 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 (CFDA 14.872), effective April 1, 2026, through March 31, 2030. This award supports capital and management activities for the Housing Authority's public housing portfolio, including modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development activities that enhance or expand affordable housing units serving low-income residents, elderly individuals, and persons with disabilities in Henderson, Kentucky.

The Capital Fund allocation enables the Housing Authority to address critical facility needs through eligible activities such as physical improvements to existing public housing stock, acquisition and construction of additional units, management improvements, and debt service payments related to public housing financing. As a formula-based grant rather than a competitive award, the funding amount reflects established HUD calculations based on the Housing Authority's inventory characteristics, including unit counts, building age, and construction costs. The four-year performance period allows for strategic planning and implementation of capital projects outlined in the Housing Authority's five-year action plan, subject to HUD compliance requirements and audit provisions under 2 CFR 200.