Summary of Federal Grant Award

The Lenoir Housing Authority received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $552,699 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, through March 31, 2030. This award supports capital and management activities for public housing units serving low-income residents in Lenoir, North Carolina, with funding designated for modernization, development, infrastructure improvements, and emergency repairs as specified in the authority's approved 5-year action plan or as approved by HUD for emergency work.

Under this formula grant, the Lenoir Housing Authority will utilize funds for eligible activities including public housing development and modernization, which encompass construction, acquisition, and significant reconfiguration of public housing units within its inventory, as well as financing activities such as debt service payments. As with all Public Housing Capital Fund recipients, the authority must comply with 2 CFR 200 Uniform Administrative Requirements and maintain accurate inventory data in HUD's Information Management System, with funding expenditures required to be completed by the March 31, 2030 deadline.