Federal Formula Grant Award Summary

The Bay City Housing Commission received a $750,905 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 award provides capital funding to support modernization, development, management improvements, and physical infrastructure enhancements to the Commission's public housing inventory serving low-income residents in Bay City, Michigan. As a formula-based allocation program, the award amount is calculated annually based on established formulas reflecting the Commission's public housing inventory characteristics, including unit counts, building age, and construction costs, without requiring competitive application.

The funding may be applied to eligible capital activities including construction and acquisition of additional public housing units, rehabilitation and modernization of existing units, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments on standard and mixed-finance developments. All expenditures must comply with activities specified in the Commission's approved Five-Year Action Plan or be approved by HUD for emergency work or work necessitated by non-presidentially declared natural disasters. The Commission maintains no sub-awardees and operates as a direct recipient of HUD formula grant funding to fulfill its core mission of providing decent, safe, and affordable housing to low-income Bay City residents.