Federal Formula Grant Award Summary

The Housing Authority of the City of Independence received a $1,480,530 formula grant from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872), effective April 1, 2026 through March 31, 2030. This award supports capital and management activities for public housing modernization, development, and infrastructure improvements within Independence, Missouri. The Capital Fund grant enables the Housing Authority to fund eligible activities including public housing modernization, development of additional units, management improvements, emergency repairs, energy efficiency upgrades, and financing costs associated with public housing developments, as specified in the Housing Authority's five-year action plan or as approved by HUD for emergency or disaster-related work.

The Public Housing Capital Fund operates as a formula-based allocation program administered directly to approximately 2,770 Public Housing Agencies nationwide managing nearly one million public housing units across all 50 states and territories. Formula allocations are calculated based on established methodology reflecting each PHA's inventory characteristics, such as unit counts, building age, and construction costs. All capital fund activities must comply with 2 CFR 200 Uniform Administrative Requirements, and recipient agencies must maintain accurate inventory data in HUD's Information Management System to sustain their funding eligibility.