Summary

The Needham Housing Authority received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $426,948.00 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, through March 31, 2030. Under this award, the authority will fund capital and management activities for public housing serving low-income residents, including modernization of existing housing units, infrastructure improvements, emergency repairs, and development activities that expand or reconfigure the public housing inventory. These funds support the authority's mission to maintain decent, safe, and sanitary housing for vulnerable populations including low-income families, elderly individuals, and persons with disabilities within Needham, Massachusetts.

As a formula-based allocation program, the Capital Fund award amount reflects the characteristics of Needham Housing Authority's public housing inventory, such as unit counts, building age, and construction costs, rather than through a competitive application process. Capital Fund activities must align with the authority's approved five-year action plan or receive HUD approval for emergency or disaster-related work. The authority must maintain compliance with 2 CFR 200 Uniform Administrative Requirements and accurately track inventory data in HUD's Information Management System.