Formula Grant MD39P01750126

The College Park Housing Authority received a formula grant of $262,985 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 on April 1, 2026, with a completion date of March 31, 2030. This funding supports capital and management activities for public housing serving low-income residents in Berwyn Heights, Maryland. The Capital Fund enables the Authority to finance public housing modernization, infrastructure improvements, development activities, and management enhancements in accordance with the Authority's approved five-year action plan or for emergency repairs resulting from non-presidentially declared natural disasters.

The grant resources may be applied toward eligible activities including facility modernization, acquisition and construction of additional public housing units, financing costs for standard and mixed-finance developments, and other capital improvement projects defined in 24 CFR Part 905. The formula-based allocation reflects the Authority's public housing inventory characteristics, such as unit counts and building age, rather than through a competitive application process. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, and the Authority must maintain detailed budget and cost records for HUD review and independent audits.