Formula Grant MO01P07150126

The Aurora Housing Authority received a $183,173 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 (CFDA 14.872), effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Aurora, Missouri. The Capital Fund grant enables eligible activities including construction, acquisition of additional housing units, non-routine maintenance, code compliance work, energy efficiency upgrades, and infrastructure enhancements to Aurora Housing Authority's public housing inventory, as specified in the Authority's approved 5-Year Action Plan or as approved by HUD for emergency work.

The Public Housing Capital Fund operates as a formula-based allocation program, with funding amounts calculated annually by HUD based on established formulas reflecting each Public Housing Agency's inventory characteristics, including unit counts, building age, and construction costs. Aurora Housing Authority must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements. All Capital Fund expenditures must align with eligible activities described in 24 CFR 905.200, and the Authority is subject to audit requirements in conjunction with regular HUD or independent public accountant audits of its operations.