Formula Grant MO01P07250126

The Housing Authority of Maryville, Missouri received a formula grant award of $355,968.00 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), effective April 1, 2026 through March 31, 2030. This award supports capital and management activities for public housing units serving low-income residents in the Maryville area, with funds eligible for modernization, development, infrastructure improvements, emergency repairs, and management enhancements to the authority's public housing inventory.

The Capital Fund formula grant enables the Housing Authority to execute activities specified in an approved 5-year action plan, including physical improvements to housing structures, financing activities such as debt service payments, and property management enhancements. As a formula-based allocation program, the award amount was calculated by HUD using established formulas reflecting the authority's public housing inventory characteristics such as unit counts, building age, and construction costs, rather than through a competitive application process. The authority must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements for federal awards.