Federal Grant Award Summary

The Housing Authority of Benton received a $197,883 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. The award, effective April 1, 2026, through March 31, 2030, provides financial assistance for capital and management activities to support the Authority's public housing operations in Benton, Kentucky. Eligible uses of these funds include public housing modernization, development, infrastructure improvements, emergency repairs, energy efficiency upgrades, and financing activities necessary to maintain the Authority's housing units in decent, safe, and sanitary condition.

As a formula-based allocation program, the Capital Fund grant amount was determined by HUD using established formulas based on characteristics of the Authority's public housing inventory, including unit counts, building age, and construction costs, rather than through a competitive application process. The Authority may utilize these funds for activities specified in its approved 5-year action plan or for emergency work and repairs needed due to non-presidentially declared natural disasters, in accordance with 24 CFR Part 905 eligible activities. The award supports the Authority's mission to provide affordable housing options to low-income residents while maintaining its public housing portfolio.