Federal Grant Award Summary

The Stanford Housing Authority received a $152,030 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 program (CFDA 14.872), effective April 1, 2026 through March 31, 2030. This award supports capital and management activities for public housing serving low-income residents in Stanford, Kentucky, including modernization, infrastructure improvements, and development of public housing units within the Authority's inventory.

The Public Housing Capital Fund operates as an annual formula-based allocation program that distributes funds to approximately 2,770 Public Housing Agencies nationwide managing nearly one million public housing units across all 50 states and territories. Eligible activities funded through this award are limited to those specified in the Authority's approved 5-year action plan or emergency work as approved by HUD, with primary activities encompassing public housing development, modernization, infrastructure financing, and management enhancements. The Authority must maintain compliance with 2 CFR 200 Uniform Administrative Requirements and accurate inventory data in HUD's Information Management System, with all expenditures required to be completed by the March 31, 2030 deadline.