Federal Grant Award Summary

The W V Housing Authority received a $652,290 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, with a completion date of March 31, 2030. This award funds capital and management activities to support public housing modernization, development, and infrastructure improvements serving low-income residents in Water Valley, Mississippi.

The Capital Fund formula grant supports eligible activities including public housing modernization, development of additional housing units, management improvements, emergency repairs, energy efficiency upgrades, and financing costs associated with public housing operations. The W V Housing Authority will utilize these funds in accordance with its approved five-year action plan and 24 CFR Part 905 eligibility requirements, maintaining compliance with 2 CFR 200 Uniform Administrative Requirements and HUD's Information Management System reporting obligations. No competitive application process applies to this award, as the Public Housing Capital Fund operates exclusively through formula-based allocation mechanisms.