Formula Grant LA48P26250126

The East Carroll Housing Authority Inc. received a $129,476 formula grant from the U.S. Department of Housing and Urban Development's (HUD) 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 public housing improvements serving low-income residents in Lake Providence, Louisiana. The funding may be allocated toward eligible activities including public housing modernization, development, infrastructure upgrades, management improvements, and emergency repairs, as specified in the authority's approved five-year action plan or for HUD-approved emergency work.

As a formula-based allocation rather than a competitive grant, the funding amount reflects the Housing Authority's inventory characteristics and serves to maintain and enhance its portfolio of public housing units. The authority must utilize these capital funds exclusively for activities meeting the eligibility criteria outlined in 24 CFR Part 905 and maintain detailed budgets and cumulative cost records subject to HUD review and independent audits under 2 CFR 200 requirements. The four-year performance period allows the authority adequate time to plan and execute capital improvements that ensure decent, safe, and sanitary housing conditions for its residents.