Summary of Federal Grant Award

The Clermont Metropolitan Housing Authority received a $501,095 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. These capital funds support modernization, development, rehabilitation, and infrastructure improvements to the Authority's public housing inventory serving low-income residents in Clermont County, Ohio. The funding may be allocated toward eligible capital and management activities including construction, acquisition of additional housing units, physical improvements, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments, as specified in the Authority's approved 5-Year Action Plan or approved by HUD for emergency work.

The Public Housing Capital Fund operates as a formula-based allocation program wherein HUD calculates annual awards to approximately 2,770 Public Housing Agencies nationwide based on inventory characteristics such as unit counts, building age, and construction costs, rather than through competitive application processes. The Clermont Metropolitan Housing Authority, which has maintained continuous PHA certification since 2005, is responsible for obligating these funds in accordance with 2 CFR 200 Uniform Administrative Requirements and maintaining accurate documentation of capital activities for HUD oversight and independent audit purposes.