Formula Grant LA48P06950126

The Kinder Housing Authority received a $267,766 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 capital funding supports critical infrastructure and management activities for public housing operations, including modernization, development, emergency repairs, energy efficiency upgrades, and related capital improvements to maintain and enhance the physical condition of the authority's housing inventory serving low-income residents.

As a formula-based allocation program, the Public Housing Capital Fund provides annual distributions to approximately 2,770 Public Housing Agencies nationwide managing nearly one million units across all 50 states and territories. The Kinder Housing Authority's allocation is calculated using an established formula reflecting inventory characteristics such as unit counts, building age, and construction costs. Eligible activities are limited to those specified in an approved five-year action plan or emergency work approved by HUD, with all expenditures subject to compliance with the Uniform Administrative Requirements under 2 CFR 200 and HUD audit requirements.