Summary of Federal Grant Award

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded the Grundy Housing Authority a Public Housing Capital Fund (CFDA 14.872) formula grant of $381,638 effective April 1, 2026, with a completion date of March 31, 2030. This formula-based allocation supports capital and management activities for the Grundy Housing Authority's public housing portfolio serving low-income residents in Monteagle, Tennessee. Eligible activities funded through this award include public housing modernization, development, infrastructure improvements, emergency repairs, energy efficiency upgrades, and associated management improvements as specified in 24 CFR Part 905.

The funded activities must align with the authority's approved five-year action plan or receive HUD approval for emergency work or repairs necessitated by non-presidentially declared natural disasters. As a direct administrator of all funded activities with no identified sub-awardees, the Grundy Housing Authority will implement these capital improvements and management enhancements to maintain safe and habitable housing units within its inventory. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, and the authority is required to maintain detailed budgets and cumulative cost records for HUD and independent auditor review throughout the performance period.