Federal Grant Award Summary

The Housing & Redevelopment Authority (Bayview Terrace) in Two Harbors, Minnesota received a $135,210 formula grant 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), awarded on April 1, 2026, with a completion deadline of March 31, 2030. This funding supports capital improvements and modernization activities for the organization's public housing portfolio, enabling essential infrastructure upgrades, facility modernization, development of additional housing units, and management improvements that serve low-income residents in the Two Harbors jurisdiction.

As a formula-based allocation rather than a competitive grant, the Capital Fund award is calculated using established metrics reflecting Bayview Terrace's public housing inventory characteristics, including unit counts and building age. Eligible activities funded through this award are limited to those specified in the organization's approved five-year action plan or HUD-approved emergency work, with permissible uses encompassing public housing development, modernization, financing activities including debt service, and other capital management activities outlined in 24 CFR Part 905. The award requires Bayview Terrace to maintain compliance with 2 CFR 200 Uniform Administrative Requirements and fund obligations by the obligation deadline, though the expenditure deadline remains non-extendable.