Summary of Federal Grant Award

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded $582,330 to the Sevierville Housing Authority under the Public Housing Capital Fund (CFDA 14.872) effective April 1, 2026, with an ultimate completion date of March 31, 2030. This formula-based grant allocation supports capital and management activities essential to maintaining and improving public housing infrastructure. The funding enables the Sevierville Housing Authority to execute modernization projects, infrastructure improvements, emergency repairs, and development activities that enhance or reconfigure its public housing inventory serving low-income residents in Sevierville, Tennessee.

The Capital Fund grant proceeds will be directed toward eligible activities specified in the authority's approved 5-year action plan or HUD-approved emergency work, consistent with regulatory requirements under 24 CFR Part 905. Primary activities include public housing development and modernization, management improvements, and related financing costs. The authority operates independently as the direct grant recipient and is required to maintain accurate inventory data in HUD's Information Management System, comply with Uniform Administrative Requirements under 2 CFR 200, and ensure expenditure of funds by the March 31, 2030 deadline.