Federal Formula Grant Award Summary

The City of Ord Housing Authority received a $297,812 formula grant award from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872), effective April 1, 2026 through March 31, 2030. This award provides financial assistance to support capital and management activities for public housing serving low-income residents in Ord, Nebraska. Permissible uses of Capital Fund resources include modernization and development of public housing units, infrastructure improvements, energy efficiency upgrades, emergency repairs, and financing activities such as debt service payments and customary financing costs.

As a formula-based allocation rather than a competitive grant, the award amount was calculated by HUD using established formulas reflecting the Housing Authority's public housing inventory characteristics, including unit counts, building age, and construction costs. The Housing Authority must utilize these funds only for eligible activities as specified in 24 CFR 905.200, either through projects included in an HUD-approved five-year action plan or for emergency work and repairs necessitated by non-presidentially declared natural disasters. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements and be supported by maintained budgets and cumulative cost records subject to HUD and independent auditor review.