Formula Grant MO01P03050126

The Lee's Summit Housing Authority received a $208,637 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 the Authority's public housing portfolio, including modernization, infrastructure improvements, development of additional units, and emergency repairs. The Capital Fund grant enables the Authority to maintain and enhance its approximately 1,000 public housing units, serving low-income residents in the Lee's Summit area.

Eligible activities funded under this award include construction and acquisition of additional public housing units, rehabilitation and modernization of existing units, infrastructure upgrades, and energy efficiency improvements. The funding may also support financing activities such as debt service payments for development projects. As a formula-based allocation program, the award amount is calculated by HUD using established formulas based on the Authority's public housing inventory characteristics, including unit counts, building age, and construction costs, rather than through a competitive application process. All expenditures must align with the Authority's approved five-year action plan or receive HUD approval for emergency work, and the Authority must comply with applicable federal cost principles and audit requirements under 2 CFR 200.