Summary of Federal Grant Award

The Housing Authority of the City of Greenwood received a $1,384,612 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) program, effective April 1, 2026, through March 31, 2030. This award supports capital and management activities to improve and modernize the public housing inventory serving low-income residents in Greenwood, Mississippi. Eligible uses of funds include public housing development, modernization, unit rehabilitation, construction, property acquisition, management improvements, energy efficiency upgrades, and emergency repairs, as specified in the PHA's approved 5-year action plan or as approved by HUD for emergency circumstances.

The Public Housing Capital Fund operates as a formula-based allocation program administered by HUD, wherein awards are calculated annually based on established formulas reflecting each PHA's public housing inventory characteristics such as unit counts, building age, and construction costs. The Housing Authority of the City of Greenwood, as a certified public housing agency, receives its annual allocation without submitting a competitive application. The agency must maintain accurate inventory data in HUD's Information Management System, comply with 2 CFR 200 Uniform Administrative Requirements, and track all capital expenditures for audit purposes. This funding enables the authority to fulfill its role as a steward of affordable housing for vulnerable populations within its service area.