Formula Grant MO36P01150126

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded the Housing Authority of Moberly, Missouri a $879,825 formula grant under the Public Housing Capital Fund (CFDA 14.872) effective April 1, 2026, with an ultimate completion date of March 31, 2030. This funding supports capital and management activities for public housing, including modernization, development, infrastructure improvements, and emergency repairs to ensure housing units meet federal standards and remain safe and sanitary for low-income residents.

The Capital Fund operates as a formula-based allocation program that distributes annual funding to approximately 2,770 Public Housing Agencies nationwide managing nearly one million public housing units across all 50 states and territories. Eligible activities funded through this award include construction and acquisition of additional public housing units, rehabilitation and modernization of existing units, energy efficiency upgrades, emergency repairs, and financing activities such as debt service payments. The Moberly Housing Authority must utilize these funds exclusively for activities specified in an approved 5-year action plan or approved by HUD for emergency work, and all expenditures must comply with 2 CFR 200 Uniform Administrative Requirements and audit requirements.