Formula Grant MO01P06850126

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded the Richland Housing Authority $264,158 under the Public Housing Capital Fund program (CFDA 14.872) effective April 1, 2026, with a completion date of March 31, 2030. This formula-based grant provides financial assistance to support capital and management activities for the authority's public housing operations serving low-income residents in Richland, Missouri. The funded activities support public housing modernization, infrastructure improvements, development, construction, acquisition, rehabilitation, emergency repairs, and energy efficiency upgrades in accordance with 24 CFR Part 905.

The Richland Housing Authority will utilize these Capital Fund resources for eligible activities either specified in its approved five-year action plan or approved by HUD for emergency work and repairs necessitated by natural disasters. As with all Public Housing Capital Fund awards, the authority must maintain accurate inventory data, comply with 2 CFR 200 Uniform Administrative Requirements, and ensure that all capital improvements directly support safe, sanitary housing for low-income families and elderly residents within its jurisdiction. The authority may also apply Capital Funds toward debt service and customary financing costs associated with standard and mixed-finance developments that include public housing units.