Formula Grant MO01P06750126

The Bethany Public Housing Agency received a formula grant award of $232,284 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) program, effective April 1, 2026, through March 31, 2030. This capital funding supports essential public housing infrastructure and management activities in Bethany, Missouri, including modernization of existing units, development of additional public housing inventory, infrastructure improvements, emergency repairs, and energy efficiency upgrades that serve low-income residents in the agency's jurisdiction.

As a formula-based allocation rather than a competitive grant, the award amount is calculated annually by HUD using established formulas reflecting the agency's public housing inventory characteristics, such as unit counts, building age, and construction costs. The capital funds must be directed exclusively toward eligible activities specified in the agency's HUD-approved 5-year action plan or emergency work as permitted under federal regulations. The Bethany Public Housing Agency must maintain compliance with federal administrative requirements under 2 CFR 200 and submit annual certifications to HUD regarding its public housing inventory data maintained in HUD's Information Management System.