Federal Grant Award Summary

The Housing Authority of the City of Holdenville received a $202,333 Formula Grant 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 funding supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Holdenville, Oklahoma.

The grant enables the Housing Authority to fund eligible capital activities including modernization of existing housing units, emergency repairs, energy efficiency upgrades, code compliance improvements, and management enhancements across its public housing inventory. As a formula-based allocation rather than a competitive award, the funding amount is calculated annually by HUD using established formulas reflecting the agency's public housing inventory characteristics, such as unit counts and building age. The Housing Authority must utilize these capital funds exclusively for activities specified in its approved 5-Year Action Plan or approved by HUD for emergency work or disaster-related repairs, and must maintain compliance with federal audit and administrative requirements under 2 CFR 200.