Formula Grant MA01P03450126

The North Adams Housing Authority received a $990,922 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), awarded April 1, 2026, with a completion date of March 31, 2030. This funding supports capital and management activities for public housing, including modernization, infrastructure improvements, development of additional housing units, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments. The Capital Fund operates on a formula-based allocation model calculated annually using inventory characteristics such as unit counts, building age, and construction costs, rather than through competitive applications.

As a Public Housing Agency (PHA) serving North Adams, Massachusetts, the Authority will utilize these funds to maintain and improve the quality, safety, and energy efficiency of its public housing inventory while serving low-income residents, including elderly individuals, families with children, and persons with disabilities. All expenditures must comply with eligible activities outlined in 24 CFR Part 905 and either be specified in the Authority's approved 5-Year Action Plan or approved by HUD for emergency work or work necessitated by non-presidentially declared natural disasters. The Authority must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements for federal awards.