Federal Grant Award Summary

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded $304,342.00 under the Public Housing Capital Fund (CFDA 14.872) formula grant program to Olmsted County Housing and Redevelopment Authority in Rochester, Minnesota, 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 public housing units, and financing activities such as debt service payments. The Capital Fund formula allocation is based on characteristics of the public housing inventory, including unit counts, building age, and construction costs, rather than through a competitive application process.

As a Public Housing Agency (PHA), Olmsted County HRA will utilize these capital funds to carry out eligible activities specified in its five-year action plan or HUD-approved emergency work. The award enables the organization to maintain and improve its public housing inventory serving low-income residents, elderly individuals, and persons with disabilities in Olmsted County. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, and the organization must maintain accurate capital budget records and inventory data in HUD's Information Management System for audit and compliance purposes.