Formula Grant WV15P00750126

The Housing Authority of Mt Hope received a $455,265 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 modernization, development, infrastructure improvements, and related management enhancements as outlined in the agency's approved 5-year action plan. The Capital Fund operates on a formula-based allocation methodology calculated annually by HUD using inventory characteristics such as unit counts, building age, and construction costs, rather than through competitive applications.

As a Public Housing Agency (PHA) serving Mt Hope, West Virginia, the Housing Authority will utilize these funds to improve its public housing inventory and enhance services for low-income residents. Eligible activities under this award include modernization and development of public housing units, emergency repairs, energy efficiency upgrades, infrastructure improvements, and financing activities such as debt service payments. The Housing Authority maintains compliance with 2 CFR 200 Uniform Administrative Requirements and must certify its public housing inventory data annually in HUD's Information Management System to maintain program eligibility.