Formula Grant MN46P18350126

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded $125,847 to the Housing and Redevelopment Authority of Lincoln County, Minnesota under the Public Housing Capital Fund (CFDA 14.872) formula grant program. The award, effective April 1, 2026 through March 31, 2030, supports capital and management activities for public housing serving low-income residents in Lincoln County. Authorized under Section 9(d) of the United States Housing Act of 1937, the Capital Fund enables the Housing Authority to undertake modernization, development, rehabilitation, emergency repairs, energy efficiency upgrades, and related infrastructure improvements to its public housing inventory.

Eligible activities under this formula grant include public housing development and modernization, financing activities such as debt service payments, and management improvements as specified in 24 CFR Part 905. The Housing Authority must allocate these funds exclusively to activities outlined in its HUD-approved 5-Year Action Plan or for emergency work and repairs necessitated by non-presidentially declared natural disasters. As with all Capital Fund recipients, the Housing Authority is required to maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements, including budgeting and cumulative cost record maintenance for HUD and independent auditor review.