Formula Grant MO36P01450126

The Housing Authority City Of Fulton received a $544,117 formula grant award 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) program, effective April 1, 2026, through March 31, 2030. This award supports capital improvements and management activities for public housing units serving low-income residents in Fulton, Missouri. The funding will be deployed for eligible activities including modernization of existing units, infrastructure improvements, energy efficiency upgrades, emergency repairs, potential development of additional public housing inventory, and management improvements to the housing authority's operations.

As a formula-based allocation program, the Capital Fund award amount was determined by HUD using an established formula that reflects the Housing Authority's public housing inventory characteristics, such as unit counts, building age, and construction costs. The funds may only be applied to activities specified in the authority's approved 5-Year Action Plan or approved by HUD for emergency work. The Housing Authority must maintain compliance with the Uniform Administrative Requirements (2 CFR 200) and ensure accurate inventory records are maintained in HUD's Information Management System throughout the performance period.