Formula Grant MA01P08150126

The Methuen Housing Authority received a formula grant award of $145,393.00 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). The award, effective April 1, 2026, through March 31, 2030, supports capital improvements and modernization activities for public housing units in Methuen, Massachusetts. Authorized under Section 9(d) of the United States Housing Act of 1937, the Capital Fund provides financial assistance to approximately 2,770 Public Housing Agencies nationwide serving nearly one million units across all states and territories.

The funding supports eligible capital and management activities including public housing development, modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and related management improvements as specified in 24 CFR Part 905. Activities must be described in the PHA's approved five-year action plan or approved by HUD for emergency work or work necessitated by non-presidentially declared natural disasters. The award is distributed as an annual formula-based allocation calculated by HUD using factors such as unit counts, building age, and construction costs, requiring no competitive application process. The Methuen Housing Authority must comply with 2 CFR 200 Uniform Administrative Requirements and maintain accurate inventory data in HUD's Information Management System.