Formula Grant NC19P17650126

The Bladen Housing Authority, Inc. received a $306,932 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. The funding supports capital and management activities for public housing infrastructure serving low-income residents in Bladenboro, North Carolina. Eligible uses of these funds include modernization of existing public housing units, development and acquisition of additional housing inventory, infrastructure improvements, emergency repairs, energy efficiency upgrades, and related financing costs for standard and mixed-finance developments.

As a formula-based grant program, the award amount was calculated by HUD using established formulas that reflect the Bladen Housing Authority's public housing inventory characteristics, including unit counts, building age, and construction costs, rather than through a competitive application process. The Authority must apply the capital funds exclusively to activities specified in its approved five-year action plan or to emergency and disaster-related work as approved by HUD. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, and the Authority must maintain accurate inventory data in HUD's Information Management System to support the program's ongoing administration.