Federal Formula Grant Award Summary

The New Rochelle Municipal Housing Authority received a $429,161 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) effective April 1, 2026, through March 31, 2030. This allocation supports capital and management activities essential to maintaining and improving public housing infrastructure for low-income residents in New Rochelle, New York. The funding enables the Housing Authority to conduct modernization and development activities, including construction and acquisition of additional public housing units, emergency repairs, unit reconfiguration, energy efficiency upgrades, and related management improvements as specified in 24 CFR Part 905.

As a formula-based allocation rather than a competitive grant, the award amount reflects the Housing Authority's public housing inventory characteristics, such as unit counts, building age, and construction costs. The Capital Fund resources may be applied to eligible activities outlined in the Housing Authority's approved five-year action plan or for HUD-approved emergency work and natural disaster recovery efforts. The award supports the Housing Authority's core mission of ensuring decent, safe, and sanitary living conditions while maintaining compliance with 2 CFR 200 Uniform Administrative Requirements and HUD's Information Management System documentation requirements.