Formula Grant OR16P00850126

The Housing Authority of Polk County, operating as West Valley Housing Authority, received a $931,890 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 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. The grant enables the authority to conduct eligible activities as defined in 24 CFR 905.200, including construction and acquisition of additional public housing units, modernization of existing inventory, and management improvements to serve low-income residents within Polk County, Oregon.

The Capital Fund operates as a formula-based allocation program, with funding calculated according to established methodologies reflecting the authority's public housing inventory characteristics such as unit counts, building age, and construction costs. Allowable expenditures are limited to activities specified in the authority's approved 5-Year Action Plan or emergency work approved by HUD. The authority must maintain compliance with 2 CFR 200 Uniform Administrative Requirements, establish and maintain accurate inventory data in HUD's Information Management System, and complete all expenditures by the March 31, 2030 deadline, with obligation deadlines subject to extension upon timely request.