Formula Grant RI43P01850126

The Town of Lincoln Housing Authority received $687,460 in formula grant funding 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, awarded April 1, 2026, with a completion date of March 31, 2030. This funding supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Lincoln, Rhode Island.

The Capital Fund grant enables the Housing Authority to undertake eligible activities including public housing modernization, facility infrastructure improvements, emergency repairs, energy efficiency upgrades, management enhancements, and development of additional public housing units. Fund allocation is determined through HUD's formula-based methodology, which reflects characteristics of the Authority's public housing inventory such as unit counts, building age, and construction costs. All capital projects must be identified in the Authority's approved five-year action plan or approved by HUD for emergency work or natural disaster-related repairs. The Authority is required to maintain accurate inventory data in HUD's Information Management System and comply with federal audit and financial management requirements under 2 CFR 200.