Federal Grant Award Summary

The Festus Housing Authority received a $178,961 Public Housing Capital Fund (CFDA 14.872) formula grant award from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, 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 Festus, Missouri. Eligible uses of these funds include public housing modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, development of additional public housing units, and financing activities such as debt service payments for standard and mixed-finance developments.

As a formula-based allocation rather than a competitive grant, the award amount reflects the Festus Housing Authority's public housing inventory characteristics, including unit counts, building age, and construction costs. The Authority must direct all capital funds exclusively toward eligible activities specified in its HUD-approved five-year action plan or emergency work approved by HUD. Grant administration requires compliance with the Uniform Administrative Requirements (2 CFR 200), accurate maintenance of inventory data in HUD's Information Management System, and annual certification of capital fund expenditures through comprehensive budget and cost records subject to HUD and independent auditor review.