Federal Grant Award Summary

Tarboro Redvlp, a public housing authority in Tarboro, North Carolina, received a $551,520 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 award provides financial assistance to support capital and management activities for public housing, with eligible uses including modernization of existing units, development of new public housing inventory, management improvements, infrastructure enhancements, and emergency repairs to serve low-income residents.

The Public Housing Capital Fund operates on a formula-based allocation methodology rather than competitive application processes, with funding amounts calculated according to each public housing agency's inventory characteristics such as unit counts, building age, and construction costs. Tarboro Redvlp must obligate these funds in accordance with an approved five-year action plan or HUD-approved emergency work, with all activities governed by the eligible activities outlined in 24 CFR 905.200. The recipient is required to maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements, including annual certifications and audit requirements.