Formula Grant KY36P03950126

The Pineville Municipal Housing Authority received a $568,767 formula grant award from the U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) program, 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 Pineville, Kentucky. Eligible activities funded under this grant include modernization projects, development or reconfiguration of public housing units, management improvements, energy efficiency upgrades, safety and security enhancements, and emergency repairs, as specified in the authority's approved 5-year action plan or HUD-approved emergency work requests.

The Public Housing Capital Fund operates as a formula-based allocation program where HUD calculates annual awards based on characteristics of each Public Housing Agency's inventory, including unit counts, building age, and construction costs. The Pineville Municipal Housing Authority, which manages public housing units across the Pineville area, must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements. Funds must be obligated by March 31, 2030, with all expenditures completed by the ultimate completion date. The authority's activities and associated costs are subject to HUD audit requirements conducted in conjunction with regular independent public accountant audits of PHA operations.