Federal Formula Grant Award Summary

The City of Mexico, Missouri, a public housing authority, received $698,216 in formula grant funding 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) program. The award, effective April 1, 2026, through March 31, 2030, supports capital and management activities for the agency's approximately 902 units of public housing serving low-income residents, elderly individuals, and persons with disabilities.

The grant funds capital improvements and modernization initiatives including infrastructure upgrades, energy efficiency improvements, emergency repairs, development activities that add to or reconfigure the public housing inventory, and management improvements. Additionally, the Capital Fund may be applied to financing activities such as debt service payments and customary financing costs for both standard public housing developments and mixed-finance developments that include public housing components. As a formula-based allocation program, the award amount is calculated annually by HUD based on established formulas reflecting the public housing agency's inventory characteristics, such as unit count, building age, and construction costs, rather than through competitive application processes. The Mexico Housing Development Corp must maintain compliance with applicable federal regulations, including 2 CFR 200 Uniform Administrative Requirements, and must certify accurate public housing inventory data in HUD's Information Management System.