Federal Grant Award Summary

The Housing Authority of the City of Anaconda, Montana received a $552,398 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 program (CFDA 14.872) effective April 1, 2026, with a completion date of March 31, 2030. This award supports capital and management activities for public housing modernization and development in Anaconda, MT 59711. The Housing Authority will utilize these funds for eligible activities including public housing development, rehabilitation, infrastructure improvements, energy efficiency upgrades, and management improvements to ensure adequate living conditions for low-income residents, elderly individuals, and persons with disabilities served by the agency.

As a formula-based grant allocation program, the Public Housing Capital Fund provides annual funding to approximately 2,770 Public Housing Agencies nationwide managing nearly one million public housing units across all 50 states and territories. The award amount is calculated using HUD's established formula based on characteristics of the Housing Authority's public housing inventory, including unit counts, building age, and construction costs. Grant funds must be obligated by the deadline specified in the award terms and expended in accordance with 24 CFR Part 905 and the Housing Authority's approved five-year action plan, with activities subject to compliance with 2 CFR 200 Uniform Administrative Requirements and audit requirements.