Formula Grant MN46P04950126

The Housing & Redevelopment Authority (HRA) of Pipestone received a $265,262 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, with a completion date of March 31, 2030. This award supports capital and management activities essential to maintaining and improving public housing infrastructure serving low-income residents in Pipestone, Minnesota.

The funding enables HRA of Pipestone to undertake eligible capital activities including public housing modernization, development, infrastructure improvements, emergency repairs, and management enhancements in accordance with 24 CFR Part 905. Specifically, the organization may utilize these funds for development activities that add to or reconfigure its public housing inventory, modernization of existing units, acquisition of additional housing stock, financing costs including debt service payments, and other management improvements outlined in an approved five-year action plan or for emergency repairs and work required due to natural disasters. As a formula-based allocation program, the award amount was calculated by HUD based on characteristics of HRA of Pipestone's public housing inventory, including unit counts, building age, and construction costs, rather than through a competitive application process.