Summary of Federal Formula Grant Award

The Housing & Redevelopment Authority of Chisholm received $202,855 in formula grant funding from the U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872). The award, effective April 1, 2026 through March 31, 2030, supports capital and management activities for public housing in Chisholm, Minnesota. The authority will utilize these funds for modernization, infrastructure improvements, development activities, emergency repairs, and management enhancements to ensure decent, safe, and sanitary living conditions for low-income residents within its service area.

The Capital Fund operates on a formula-based allocation model rather than competitive application, with funding calculated according to established criteria reflecting each Public Housing Agency's inventory characteristics, including unit counts, building age, and construction costs. Capital Fund activities are limited to eligible uses specified in 24 CFR 905.200 and must align with the authority's approved five-year action plan or receive HUD approval for emergency or disaster-related work. The authority is required to maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements, with performance period expenditures due by the ultimate completion date of March 31, 2030.