Federal Formula Grant Award Summary

The Ionia Housing Commission received $314,447 in federal funding through the Public Housing Capital Fund (CFDA 14.872), administered by the U.S. Department of Housing and Urban Development's Public and Indian Housing Office. The award, effective April 1, 2026 through March 31, 2030, supports capital and management activities for public housing operations in Ionia, Michigan, including modernization, infrastructure improvements, emergency repairs, and development activities. As a formula-based allocation program, the Capital Fund distributes annual awards to approximately 2,770 Public Housing Agencies (PHAs) nationwide based on established formulas reflecting each agency's public housing inventory characteristics, such as unit counts, building age, and construction costs.

Under this grant, the Ionia Housing Commission, operating as Pine Vista Apartments, will utilize the funding for eligible capital projects and management improvements to maintain and enhance its affordable housing inventory serving low-income residents. The grant supports activities specified in the agency's approved five-year action plan or HUD-approved emergency work, with permissible uses including modernization, development of additional public housing units, financing activities, and infrastructure upgrades. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, and the agency is required to maintain accurate inventory data in HUD's Information Management System and submit annual certifications to support continued program participation.