Formula Grant MA01P02550126

Federal Grant Award Summary

The Gloucester Housing Authority received a $295,802 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 program (CFDA 14.872), effective April 1, 2026, through March 31, 2030. This award provides capital funding to support modernization, development, and management improvements of public housing units serving low-income residents in Gloucester, Massachusetts. Eligible activities under the award include infrastructure repairs, facility upgrades, emergency work, and development activities that add to or reconfigure the Authority's public housing inventory, all of which must comply with the specifications outlined in the Authority's HUD-approved 5-Year Action Plan.

The Public Housing Capital Fund operates as a formula-based allocation program that distributes annual grants to approximately 2,770 Public Housing Agencies (PHAs) nationwide, collectively managing nearly one million public housing units across all 50 states and territories. Allocations are calculated using established formulas reflecting each PHA's inventory characteristics, including unit counts, building age, and construction costs, rather than through competitive application processes. The Gloucester Housing Authority must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements, with obligation deadlines extendable upon request, though expenditure deadlines remain fixed.