Formula Grant MO01P05350126

The Excelsior Housing Authority received a $336,415 formula grant award from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund Program (CFDA 14.872), effective April 1, 2026 through March 31, 2030. This grant funds capital and management activities supporting the authority's public housing portfolio in Excelsior Springs, Missouri, including modernization, development, infrastructure improvements, emergency repairs, energy efficiency upgrades, and related financing costs associated with maintaining and expanding affordable housing units for low-income residents.

As a formula-based allocation program, the Public Housing Capital Fund distributes annual funding to approximately 2,770 Public Housing Agencies nationwide managing nearly one million units across all 50 states and territories. Grant awards are calculated using established formulas reflecting each PHA's public housing inventory characteristics—such as unit counts, building age, and construction costs—rather than through competitive application processes. The Excelsior Housing Authority must comply with 2 CFR 200 Uniform Administrative Requirements and maintain accurate inventory data in HUD's Information Management System, with all capital funds restricted to eligible activities specified in the approved 5-year action plan or HUD-approved emergency work.