Formula Grant MN46P01950126

North Mankato Housing received a $171,298 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 program (CFDA 14.872) effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities essential to maintaining and improving public housing infrastructure serving low-income residents in the Mankato, Minnesota area. The grant funds modernization, development, and infrastructure improvements to public housing units, including construction, rehabilitation, energy efficiency upgrades, and facility upgrades necessary to ensure compliance with federal safety and livability standards.

As a qualified Public Housing Agency, North Mankato Housing will utilize the capital funds exclusively for eligible activities specified in its HUD-approved 5-Year Action Plan or for emergency and disaster-related work as permitted under program regulations. The organization must maintain accurate records and comply with applicable federal requirements, including 2 CFR Part 200 Uniform Administrative Requirements, while ensuring that all capital improvements directly benefit the low-income populations served through its public housing portfolio. Awards under this formula-based program are allocated annually to approximately 2,770 PHAs nationwide based on established formulas reflecting inventory characteristics rather than through competitive application processes.