Formula Grant KY36P02950126

The Housing Authority of Cumberland received a $455,451 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 funding supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Cumberland, Kentucky. The Capital Fund enables eligible activities including modernization of existing units, development of additional public housing inventory, management improvements, emergency repairs, energy efficiency upgrades, and financing-related costs such as debt service payments associated with standard and mixed-finance developments.

The Housing Authority of Cumberland, operating as Cumberland Municipal Housing Project, administers these funds independently as a prime grantee to maintain safe, decent, and affordable housing for vulnerable populations including elderly residents and families with children. Capital Fund allocations are determined through HUD's formula-based methodology, which accounts for characteristics of the PHA's public housing inventory such as unit counts, building age, and construction costs. Eligible activities must align with HUD's 5-Year Action Plan or receive specific HUD approval for emergency work or disaster-related repairs, with all expenditures subject to Uniform Administrative Requirements under 2 CFR 200 and regular audit requirements.