Formula Grant OH12P02950126

The Ashtabula Metropolitan Housing Authority (AMHA) received a $1,874,850 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 (CFDA 14.872) effective April 1, 2026 through March 31, 2030. This award funds capital and management activities supporting AMHA's public housing portfolio, including modernization, development, construction, rehabilitation, and infrastructure improvements to meet federal housing standards. The funding also supports financing activities such as debt service payments and customary financing costs for public housing developments. These capital investments directly enhance the quality and safety of affordable housing units serving low-income residents, elderly individuals, and persons with disabilities in the Ashtabula, Ohio area.

As a formula-based allocation program, the Public Housing Capital Fund distributes grants to approximately 2,770 Public Housing Agencies nationwide managing nearly one million public housing units across all 50 states and territories. AMHA's award amount is calculated using an established formula reflecting inventory characteristics such as unit counts, building age, and construction costs, rather than through competitive application processes. Eligible activities must be specified in AMHA's approved 5-year action plan or approved by HUD for emergency or disaster-related work, with all expenditures governed by 2 CFR 200 Uniform Administrative Requirements and subject to HUD audit oversight.