Formula Grant ME36P01850126

The Old Town Housing Authority received a $257,965 formula grant award 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), effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities for public housing, including modernization, infrastructure improvements, development, emergency repairs, and energy efficiency upgrades to the authority's public housing inventory in Old Town, Maine. As a formula-based allocation program, the Capital Fund distributes resources to approximately 2,770 Public Housing Agencies nationwide managing nearly one million public housing units based on established formulas reflecting each agency's inventory characteristics rather than through competitive application processes.

The grant enables the Old Town Housing Authority to execute its approved 5-Year Action Plan for eligible capital activities as defined in 24 CFR 905.200, with potential involvement of Regional School Unit 34 as a sub-recipient for educational and nutritional support programs serving public housing residents. All activities funded through this award must comply with 2 CFR 200 Uniform Administrative Requirements, and the authority is required to maintain accurate inventory data in HUD's Information Management System and submit annual capital fund certifications to document program compliance and outcomes.