The Housing Authority City of Keyser received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $264,747.00 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities for public housing in Keyser, West Virginia, including modernization, infrastructure improvements, development of public housing units, and related financing activities such as debt service payments.
The Capital Fund formula grant enables the Housing Authority to execute its approved 5-year action plan for improving and maintaining its public housing inventory, which serves low-income residents in the Keyser area. Eligible activities funded under this award are limited to those specified in 24 CFR 905.200, including physical improvements, management enhancements, and emergency repairs, with all expenditures subject to the Uniform Administrative Requirements outlined in 2 CFR 200. The Housing Authority must maintain accurate records and comply with HUD audit requirements throughout the performance period.