Formula Grant UT01P00750126

The Provo City Housing Authority received a $836,846 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 (CFDA 14.872), effective April 1, 2026 through March 31, 2030. This funding supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Provo, Utah. The Capital Fund allocation is calculated using an established formula based on the Authority's public housing inventory characteristics, including unit counts, building age, and construction costs, rather than through a competitive application process.

The Authority will deploy these capital funds for eligible activities including public housing modernization, development of additional housing units, emergency repairs, energy efficiency upgrades, infrastructure improvements, and financing activities such as debt service payments. All expenditures must align with the Authority's approved five-year action plan or be approved by HUD for emergency work or repairs necessitated by natural disasters. The Authority must maintain accurate inventory data in HUD's Information Management System, comply with 2 CFR 200 Uniform Administrative Requirements, and submit annual certifications to document use of funds and maintain audit compliance throughout the performance period.