Formula Grant MN46P08550126

The Housing Redevelopment Authority in Austin, Minnesota received a $1,192,086 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 for public housing, including modernization, infrastructure improvements, development of additional housing units, emergency repairs, and energy efficiency upgrades to the authority's public housing inventory.

The Capital Fund formula grant enables the authority to carry out eligible activities specified in its approved five-year action plan or HUD-approved emergency work, with funds directed toward maintaining decent, safe, and sanitary housing for low-income residents. As a formula-based allocation determined by characteristics of the public housing inventory such as unit counts and building age, rather than through competitive application, the award reflects the authority's ongoing responsibility for managing and improving its public housing stock across all 50 states and territories where approximately 2,770 public housing agencies collectively oversee nearly one million units nationally.