Formula Grant MS26P06650126

The Picayune Housing Authority received a $947,186 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), effective April 1, 2026 through March 31, 2030. This funding supports capital and management activities for public housing modernization, development, and infrastructure improvements serving the Picayune, Mississippi area. The Capital Fund grant enables the Housing Authority to conduct eligible activities including physical improvements to structures and common areas, utility system upgrades, emergency repairs, energy efficiency enhancements, and management improvements necessary to maintain federal standards for decent, safe, and sanitary living conditions across its public housing inventory.

The award is allocated through a formula-based methodology reflecting the Housing Authority's characteristics, including unit counts, building age, and construction costs, rather than through a competitive application process. Funding may be directed toward activities specified in the organization's approved five-year action plan or emergency work needs, with mandatory compliance with 2 CFR 200 Uniform Administrative Requirements. The Housing Authority must maintain detailed budgets and cumulative cost records subject to HUD review and independent audits, and may request obligation deadline extensions provided such requests are submitted prior to deadline expiration.