Federal Grant Award Summary

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded Mars Hill Housing Authority $148,690.00 under the Public Housing Capital Fund (CFDA 14.872) formula grant program. The award, issued April 1, 2026, with a completion date of March 31, 2030, supports capital and management activities for public housing serving low-income residents in Mars Hill, North Carolina. Under this award, the Housing Authority will undertake modernization, development, and infrastructure improvements to its public housing inventory in accordance with 24 CFR Part 905 eligible activities guidelines.

As a formula-based allocation program, the Public Housing Capital Fund distributes annual grants to approximately 2,770 Public Housing Agencies nationwide based on established formulas reflecting each agency's public housing inventory characteristics, including unit counts, building age, and construction costs. The Mars Hill Housing Authority may apply these capital funds toward modernization activities, development of additional units, management improvements, emergency repairs, energy efficiency upgrades, and associated financing costs. All activities must align with the agency's HUD-approved five-year action plan or receive specific HUD approval for emergency work or disaster-related repairs. The authority is subject to federal audit requirements under 2 CFR 200 and must maintain accurate inventory data in HUD's Information Management System for ongoing program compliance.