Federal Formula Grant Award Summary

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded the Housing Authority of St. Louis Park $372,629 in Public Housing Capital Fund (CFDA 14.872) formula grant funding, effective April 1, 2026, through March 31, 2030. This award supports capital and management activities for public housing, including modernization, infrastructure improvements, and development of public housing units to serve low-income residents in the Minneapolis, Minnesota area.

The Capital Fund formula grant enables the Housing Authority to conduct eligible activities specified in its approved 5-Year Action Plan, such as rehabilitation and energy efficiency upgrades to existing public housing inventory, emergency repairs, and facility improvements. As a formula-based allocation determined by inventory characteristics rather than competitive application, the award reflects the Housing Authority's proportional share of national Capital Fund appropriations based on factors including unit counts, building age, and construction costs. The Housing Authority must maintain accurate public housing inventory data, comply with Uniform Administrative Requirements (2 CFR 200), and obligate these funds by the established deadline, with expenditure requirements extending through the March 31, 2030 completion date.