Formula Grant NC19P03750126

The Whiteville Housing Authority received a $198,823 formula grant award from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) program, effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities for public housing serving low-income residents in Whiteville, North Carolina. The Capital Fund grant provides financial assistance for eligible activities including public housing modernization, development, construction, rehabilitation, emergency repairs, infrastructure improvements, energy efficiency upgrades, and related financing costs for debt service and standard or mixed-finance development activities as specified in 24 CFR Part 905.

As a formula-based allocation program, the Capital Fund award amount is calculated by HUD using established formulas that reflect the Housing Authority's public housing inventory characteristics, such as unit counts, building age, and construction costs, rather than through competitive application processes. The Housing Authority must utilize these funds exclusively for eligible activities either specified in an approved 5-year action plan or approved by HUD for emergency work or non-presidentially declared natural disaster repairs. All grant activities are subject to compliance with 2 CFR 200 Uniform Administrative Requirements, and the Housing Authority must maintain accurate inventory data and budgets for HUD and independent auditor review.