Federal Grant Award Summary

The Beaver Dam Housing Authority received a $158,107 formula grant 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) program, effective April 1, 2026, through March 31, 2030. This award supports capital and management activities for the Housing Authority's public housing portfolio serving low-income residents in Beaver Dam, Kentucky. Eligible uses of capital fund allocations include modernization of existing public housing units, development and acquisition of additional housing stock, infrastructure improvements, management enhancements, emergency repairs, and energy efficiency upgrades to housing structures.

The Public Housing Capital Fund operates as a formula-based allocation program wherein the U.S. Department of Housing and Urban Development calculates annual awards based on established formulas reflecting each Public Housing Agency's inventory characteristics, including unit counts, building age, and construction costs. The Beaver Dam Housing Authority must maintain accurate inventory data in HUD's Information Management System and comply with 2 Code of Federal Regulations Part 200 regarding uniform administrative requirements and audit procedures. This award complements the Housing Authority's prior $154,217 capital fund grant and ongoing Public Housing Operating Fund support, ensuring continuous funding for operational and capital improvement activities serving its public housing portfolio.