Formula Grant ME36P00150126

The Housing Authority of the Town of Van Buren received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $343,399 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, with a completion date of March 31, 2030. This award supports capital and management activities to maintain and improve public housing units serving low-income residents in Van Buren, Maine. Eligible uses of the funding include modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, property management enhancements, and development activities that add to or reconfigure the public housing inventory.

As a formula-based allocation rather than a competitive grant, the funding amount reflects the Housing Authority's public housing inventory characteristics, including unit counts, building age, and construction costs. The Housing Authority must use these capital funds exclusively for activities specified in an approved 5-Year Action Plan or for emergency work approved by HUD, maintaining compliance with 2 CFR 200 Uniform Administrative Requirements and accurate inventory documentation in HUD's Information Management System. The four-year performance period allows the Housing Authority to execute planned capital improvements while maintaining safe, adequate housing conditions for its low-income resident population.