Formula Grant MA01P11850126

The Danvers Housing Authority received a $241,220 formula grant award from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872) effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities essential to maintaining and improving public housing infrastructure serving low-income residents in Danvers, Massachusetts. The grant enables the Housing Authority to undertake modernization, development, and management improvements to its public housing inventory, including infrastructure upgrades, energy efficiency enhancements, emergency repairs, and financing activities for standard and mixed-finance developments.

As a formula-based allocation rather than a competitive grant, the award amount reflects the Housing Authority's public housing inventory characteristics, including unit counts, building age, and construction costs. Eligible activities must align with approved 5-year action plans or be approved by HUD for emergency work or natural disaster recovery. The Housing Authority is required to maintain compliance with 2 CFR 200 Uniform Administrative Requirements and sustain accurate inventory data in HUD's Information Management System throughout the performance period.