Formula Grant TN37P02650125

Award Date 5/13/25
Completion Date 5/12/29
Dollars Obligated $390K
Federal Grant Program
14.872
Assistance Type
Formula Grant
Place of Performance
Etowah, TN 37331, USA
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The U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office awarded the Etowah, Tennessee Housing Authority a $390,327 Public Housing Capital Fund (CFDA 14.872) formula grant. This funding will support the development, modernization, and financing of nearly 1 million public housing units across the United States over the grant's performance period from May 2025 to May 2029. Key activities to be performed include public housing construction, rehabilitation, and infrastructure upgrades to ensure the units meet federal housing standards and provide decent, safe, and sanitary living conditions for low-income residents. The grant will enable the Etowah Housing Authority to carry out physical improvements such as demolition, energy efficiency upgrades, and compliance projects for the public housing properties it manages in the Etowah area. The grant program aims to maintain high occupancy rates, improve living conditions, and promote inclusive housing solutions for vulnerable populations.

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