Formula Grant MA01P15750126

The Town of Medway Housing Authority received a $291,211 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) for the performance period of April 1, 2026 through March 31, 2030. This award supports capital and management activities for public housing serving low-income residents in Medway, Massachusetts, including modernization, infrastructure improvements, emergency repairs, and energy efficiency upgrades to the Authority's public housing inventory.

Under the Public Housing Capital Fund program, the Authority may allocate these funds toward eligible activities specified in its HUD-approved 5-year action plan or for emergency and disaster-related work. Permissible uses include public housing development, modernization, financing activities such as debt service payments, and management improvements that enhance the safety, sanitation, and operational effectiveness of public housing units. The funding formula is calculated based on established characteristics of the Authority's housing inventory rather than through competitive application, and all expenditures must comply with 2 CFR 200 Uniform Administrative Requirements and be supported by maintained budget and cost records subject to HUD and independent auditor review.