Federal Grant Award Summary

The Vernon Housing Authority received a $659,632 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 operations in Vernon, Texas, including modernization, infrastructure improvements, development of public housing units, energy efficiency upgrades, code compliance improvements, and related financing activities such as debt service payments.

As a formula-based allocation rather than a competitive grant, the award amount was calculated according to HUD's established formula reflecting the Vernon Housing Authority's public housing inventory characteristics. The funds must be utilized exclusively for eligible activities specified in the authority's approved 5-year action plan or for emergency work, and must comply with 2 CFR 200 Uniform Administrative Requirements. The Vernon Housing Authority will manage the grant independently with no identified sub-awardees, ensuring that low-income residents within its service area have access to decent, safe, and sanitary housing through strategic capital investments and facility improvements.