Federal Grant Award Summary

The Portageville Housing Authority received a Formula Grant award of $357,873 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872), effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities for public housing units serving low-income residents in Portageville, Missouri. The Capital Fund enables the Authority to undertake modernization projects, infrastructure improvements, emergency repairs, energy efficiency upgrades, and other eligible capital activities as specified in 24 CFR Part 905 and the Authority's approved 5-year action plan.

As a formula-based allocation rather than a competitive grant, the award amount is calculated using established metrics reflecting the Authority's public housing inventory characteristics, including unit counts, building age, and construction costs. Eligible uses of these funds include public housing development, renovation, maintenance, debt service payments for financing activities, and management improvements necessary to ensure decent and safe housing conditions. The Authority must comply with applicable federal requirements, including those outlined in 2 CFR 200 Uniform Administrative Requirements, and maintain accurate inventory data in HUD's Information Management System.