Formula Grant TN37P01850126

The Rockwood Housing Authority received a $368,003 Public Housing Capital Fund (CFDA 14.872) formula grant award from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026 through March 31, 2030. This funding supports capital and management activities for public housing modernization, development, emergency maintenance, and infrastructure improvements serving low-income residents in Rockwood, Tennessee. Eligible activities funded under this award include construction and acquisition of public housing units, modernization of existing housing stock, energy efficiency upgrades, code compliance improvements, and emergency repairs.

As a formula-based allocation rather than a competitive grant, the award amount is calculated using established factors reflecting the Housing Authority's public housing inventory characteristics, including unit counts and building age. The funds may be deployed for development activities that expand the public housing inventory, modernization efforts to upgrade existing units, and management improvements to maintain safe and sanitary living conditions. The Rockwood Housing Authority must obligate these funds by March 31, 2030 and expend them in accordance with 24 CFR Part 905 eligible activities, either as specified in an approved 5-year action plan or as approved by HUD for emergency work.