Formula Grant RI43P02750126

The Tiverton Housing Authority received a $118,658 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). The award, effective April 1, 2026, through March 31, 2030, supports capital and management activities for the authority's public housing portfolio serving low-income residents in Tiverton, Rhode Island. Formula grant allocations under this program are determined by established formulas reflecting each Public Housing Agency's (PHA) inventory characteristics, including unit counts, building age, and construction costs, rather than through competitive application processes.

The funding may be applied toward eligible activities including public housing modernization, development, infrastructure improvements, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments. The Tiverton Housing Authority must maintain accurate inventory data in HUD's Information Management System, comply with 2 CFR 200 Uniform Administrative Requirements, and submit annual certifications to maintain eligibility. Funds must be obligated by the deadline specified by HUD, though extension requests may be submitted prior to the obligation deadline expiration; however, expenditure deadlines are not subject to extension.