Formula Grant SC16P02050126

The Chester Housing Authority received a $470,151 formula grant award 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), effective April 1, 2026, through March 31, 2030. This award supports capital and management activities for public housing units serving low-income residents in Chester, South Carolina. Eligible uses of capital funds include public housing modernization, development, rehabilitation, infrastructure improvements, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments for public housing developments.

As a formula-based allocation program, the capital funds are distributed to Public Housing Agencies based on established formulas reflecting inventory characteristics including unit counts, building age, and construction costs, rather than through competitive application processes. The Chester Housing Authority must utilize these funds only for eligible activities specified in its approved 5-year action plan or HUD-approved emergency work, and must maintain compliance with 2 CFR 200 Uniform Administrative Requirements, including accurate inventory data maintenance and periodic audits. No sub-awardees are identified for this direct grant to the housing authority.