Federal Grant Award Summary

Mississippi Regional Housing Authority #5 received a $1.89 million formula grant 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, effective April 1, 2026, through March 31, 2030. The grant supports critical capital and management activities for public housing serving the Newton, Mississippi area, including modernization of existing public housing units, infrastructure improvements, and emergency repairs. These funds enable the Housing Authority to maintain and enhance affordable housing stock while supporting low-income residents through facility upgrades and operational improvements aligned with its federally approved 5-year action plan.

As a formula-based allocation rather than a competitive award, this grant reflects HUD's annual calculation methodology based on the Housing Authority's public housing inventory characteristics, including unit counts, building age, and construction costs. The funds may be applied to eligible activities such as development, modernization, management improvements, financing costs, energy efficiency upgrades, and security enhancements, subject to HUD's regulatory requirements under 24 CFR Part 905. The Housing Authority must maintain accurate inventory data in HUD's Information Management System and comply with Federal Acquisition Regulations and audit requirements throughout the performance period.