Formula Grant KY36P09050126

The Housing Authority of Berea (doing business as Clay Fee Homes) received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $163,048 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities for public housing serving low-income residents in Berea, Kentucky, including modernization, development, infrastructure improvements, and emergency repairs to ensure decent, safe, and sanitary living conditions for residents.

The Capital Fund grant enables the Housing Authority of Berea to execute eligible activities specified in its approved 5-year action plan or HUD-approved emergency work, with emphasis on development activities that add to or reconfigure public housing units in the agency's inventory, as well as modernization and rehabilitation efforts. Funds may also support financing activities including debt service payments and customary financing costs associated with public housing developments. Like all Public Housing Agencies receiving Capital Fund allocations, the Housing Authority of Berea must maintain accurate public housing inventory information, comply with 2 CFR 200 Uniform Administrative Requirements, and submit annual certifications to HUD.