Formula Grant TN37P00650126

The Kingsport Housing & Redevelopment Authority received a $939,172 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 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 serving low-income residents in Kingsport, Tennessee. The Capital Fund grant enables eligible activities including construction and acquisition of public housing units, facility modernization, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments for public housing developments.

As a Public Housing Agency (PHA), Kingsport Housing & Redevelopment Authority utilizes the formula-allocated funds exclusively for activities specified in its approved 5-Year Action Plan or HUD-approved emergency work, in accordance with 24 CFR Part 905. The award represents an annual allocation based on established formulas reflecting the agency's public housing inventory characteristics, including unit counts, building age, and construction costs. The funding obligates the recipient to comply with 2 CFR 200 Uniform Administrative Requirements and maintain accurate inventory records in HUD's Information Management System, with the performance period extending through March 31, 2030.