Formula Grant KY36P07050126

The Central City Housing Authority received a $219,355 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) program, awarded April 1, 2026, with a completion date of March 31, 2030. This funding supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Central City, Kentucky. The Capital Fund enables eligible activities including physical facility upgrades, emergency repairs, energy efficiency improvements, and development or reconfiguration of public housing units to ensure decent, safe, and sanitary living conditions.

As a formula-based allocation program, the Public Housing Capital Fund distributes annual funding to approximately 2,770 Public Housing Agencies nationwide managing nearly one million public housing units. The grant amount is calculated using established formulas based on inventory characteristics such as unit counts, building age, and construction costs, rather than through competitive application processes. The Central City Housing Authority must comply with 2 CFR 200 Uniform Administrative Requirements, maintain accurate inventory data in HUD's Information Management System, and document all capital activities in accordance with an approved 5-year action plan or HUD-approved emergency work authorizations.