Formula Grant KY36P09650126

The Knott County Housing Authority received a $249,523 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 (CFDA 14.872) effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities for public housing serving low-income families, elderly residents, and individuals with disabilities throughout Knott County, Kentucky. The Capital Fund grant enables the Authority to finance public housing modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development activities necessary to maintain safe, sanitary, and compliant housing units.

As a formula-based allocation program, the Public Housing Capital Fund distributes annual grants to approximately 2,770 Public Housing Agencies (PHAs) nationwide managing nearly one million public housing units. The funding is allocated based on established formulas reflecting each PHA's public housing inventory characteristics, including unit counts, building age, and construction costs. Under this award, Knott County Housing Authority will utilize the capital funds for eligible activities specified in its approved five-year action plan or HUD-approved emergency work, consistent with 24 CFR Part 905, to ensure continued provision of affordable housing and related services to the county's vulnerable populations.