Federal Grant Award Summary

The Town of Coventry Housing Authority received a $440,147 formula grant 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), awarded April 1, 2026, with a completion date of March 31, 2030. This funding supports capital and management activities for public housing serving low-income residents in Coventry, Rhode Island, including modernization, infrastructure improvements, development of housing units, and financing activities such as debt service payments related to public housing operations.

As a formula-based allocation program, the Capital Fund distributes annual grants to approximately 2,770 Public Housing Agencies nationwide based on established formulas reflecting inventory characteristics such as unit counts, building age, and construction costs. The awarded funds may be deployed only for eligible activities specified in the agency's approved 5-year action plan or for emergency work and repairs necessitated by non-presidentially declared natural disasters, as defined in 24 CFR 905.200. The Town of Coventry Housing Authority must maintain accurate public housing inventory data and submit annual certifications to HUD, with all expenditures subject to audit requirements under 2 CFR 200.