Summary of Federal Formula Grant Award

The Housing Authority of the City of Murphy received $289,612 in federal funding through the Public Housing Capital Fund (CFDA 14.872), administered by the U.S. Department of Housing and Urban Development's Public and Indian Housing Office. The award, effective April 1, 2026, through March 31, 2030, supports capital and management activities for public housing serving low-income residents in Murphy, North Carolina. Eligible uses of capital funds include modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, development of additional public housing units, and financing activities such as debt service payments on mixed-finance developments.

As a formula-based grant program, the Public Housing Capital Fund allocates funding to approximately 2,770 Public Housing Agencies (PHAs) nationwide managing nearly one million public housing units across all states and territories. The allocation formula is based on PHA inventory characteristics including unit counts, building age, and construction costs, rather than competitive applications. The Murphy Housing Authority must comply with 2 CFR 200 Uniform Administrative Requirements, maintain accurate public housing inventory data in HUD's Information Management System, and submit annual Capital Fund certifications. Funds must be obligated by the specified deadline, with expenditures required by March 31, 2030, and may only be deployed for activities outlined in an approved five-year action plan or for emergency or disaster-related work.