City Of Iola

City Of Iola Housing Authority, a U.S. local government entity and public housing authority operating in Iola, Kansas, receives formula grants from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office to fund capital improvements, modernization, and operating expenses for public housing units serving lower-income residents. The Housing Authority operates as a prime recipient of federal grants only — it does not hold federal contracts, does not compete for commercial work, and functions as a child entity of the City of Iola (with administrative support from the City of Iola Police Department).

The Housing Authority's entire federal footprint consists of formula grants under two HUD programs: the Public Housing Capital Fund (CFDA 14.872) and the Public Housing Operating Fund (CFDA 14.850). Recent grant awards include $447,561 from HUD for capital improvements obligated April 1, 2026 through March 31, 2030; $169,896 from HUD for operating subsidies effective January 1, 2026 through December 31, 2032; and a $3.5 million Public Housing Capital Fund award from December 2022 through December 2026. Capital Fund grants support eligible activities including modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development of public housing units as specified in 24 CFR 905.200 and the Housing Authority's approved five-year action plan. Operating Fund grants cover day-to-day expenses including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, insurance, and debt service.

Customer concentration is absolute — the Housing Authority has received 42 awards across multiple award cycles, all from HUD's Public and Indian Housing Office, for a combined obligated value of $19.7 million. The Housing Authority does not work with other federal agencies, does not subcontract, and does not participate in contract vehicles or IDIQs. Three awards face ultimate completion within the next twenty-four months. Activity has remained stable at two to three awards per year across 2022–2026, reflecting the formulaic nature of the Public Housing Capital Fund and Operating Fund program structure, which delivers recurring annual or multi-year allocations to qualified Public Housing Authorities rather than discretionary or competitive awards. The Housing Authority's role is limited to administering its local housing portfolio and complying with HUD's Uniform Administrative Requirements under 2 CFR 200.