Formula Grant MI33P07850126

The Manistee Housing Commission received a $127,298 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, with a completion date of March 31, 2030. This funding supports capital and management activities for the Commission's Century Terrace Apartments portfolio in Manistee, Michigan, including public housing modernization, infrastructure improvements, and development activities that enhance the affordable housing stock serving low-income residents in the region.

The Capital Fund allocation is calculated using HUD's established formula methodology based on inventory characteristics such as unit counts, building age, and construction costs, rather than through competitive application processes. Eligible activities funded under this award include infrastructure upgrades, emergency repairs, energy efficiency improvements, and related management enhancements as specified in the Commission's HUD-approved 5-Year Action Plan or approved for emergency work. The Manistee Housing Commission, as a certified Public Housing Agency, must maintain accurate inventory data and comply with 2 CFR 200 Uniform Administrative Requirements, with all expenditures subject to HUD audit requirements in conjunction with regular PHA operations audits.