Federal Formula Grant Award Summary

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded the Holyoke Housing Authority a Public Housing Capital Fund (CFDA 14.872) formula grant of $2,218,318 effective April 1, 2026, with a completion date of March 31, 2030. This funding supports capital and management activities for public housing operations in Holyoke, Massachusetts, including modernization, development, infrastructure improvements, and management enhancements to the authority's public housing inventory. The capital funds may be applied to eligible activities as outlined in 24 CFR Part 905, such as construction, acquisition, and significant reconfiguration of public housing units, provided such activities are specified in an approved 5-year action plan or approved by HUD for emergency or disaster-related work.

As a formula-based allocation under the Public Housing Capital Fund program, this award is calculated using established methodologies reflecting the Holyoke Housing Authority's public housing inventory characteristics rather than through a competitive application process. The Holyoke Housing Authority, serving low-income families, elderly individuals, and persons with disabilities throughout the Holyoke area, must comply with 2 CFR 200 Uniform Administrative Requirements and maintain accurate inventory data in HUD's Information Management System to retain eligibility for continued funding. The authority must maintain detailed budgets and cumulative cost records for review by HUD and independent auditors throughout the performance period.