Federal Grant Award Summary

The Housing Authority of Pikeville received a $913,026 formula grant 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, effective April 1, 2026, with a completion date of March 31, 2030. This award provides financial assistance to support capital and management activities for public housing modernization, development, infrastructure improvements, and emergency repairs. As a formula-based allocation, the funding is calculated using established metrics reflecting the Housing Authority's public housing inventory characteristics, such as unit counts, building age, and construction costs, rather than through a competitive application process.

The Capital Fund grant enables the Housing Authority of Pikeville to implement eligible activities specified in its HUD-approved 5-Year Action Plan or approved emergency work, including public housing development, modernization, financing activities, and other capital improvements as defined in 24 CFR Part 905. The award supports the Housing Authority's mission to provide safe, decent, and affordable housing for low-income residents in Pikeville, Kentucky. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, and the Housing Authority must maintain accurate inventory data and budgetary records subject to HUD audit requirements.