Hope Housing Authority

Hope Housing Authority, a U.S. government entity operating as a public housing authority based in Hope, Arkansas, is a recipient of federal formula grants from the Department of Housing and Urban Development's Public and Indian Housing Office supporting public housing operations and capital development, not a contractor or vendor. The Authority operates as a prime recipient only (100% of recent awards); it holds no federal contracts and does not subcontract.

Hope Housing Authority's grant footprint centers entirely on HUD formula funding under two principal programs: the Public Housing Operating Fund (CFDA 14.850) and the Public Housing Capital Fund (CFDA 14.872). The Operating Fund awards provide annual subsidies to cover day-to-day operational and maintenance expenses, management and administration, routine and preventative maintenance, anti-crime and security activities, energy costs, resident supportive services, insurance, and debt service for the Authority's public housing portfolio serving approximately 900 units and 1,500 residents. Recent Operating Fund awards include a January 1, 2026 grant of $342,220 running through December 31, 2032, and an April 20, 2026 award running through December 31, 2029. The Capital Fund awards support modernization, infrastructure improvements, energy efficiency upgrades, emergency repairs, and capital development activities specified in the Authority's approved 5-year action plan. Recent Capital Fund grants include a $599,521 award dated April 1, 2026 with completion by March 31, 2030, a May 6, 2024 award running through May 5, 2028, and a May 13, 2025 award with completion by May 12, 2029. All awards are formula-based allocations calculated using established HUD formulas reflecting unit counts, building age, and construction costs across approximately 6,000 participating public housing agencies nationwide.

Activity has been sporadic—two awards in 2022, three in 2023, two in 2024, two in 2025, and four in 2026—with four awards reaching completion within the next twenty-four months. The combined potential value across all forty-seven awards totals $600 thousand, though the combined dollars obligated across the portfolio stand at $21.3 million, reflecting the Authority's draw-down of funds against multi-year grant periods. The Authority's sole customer is the Department of Housing and Urban Development's Public and Indian Housing Office; one FEMA award and one Department of Homeland Security award round out the minimal non-HUD footprint. Hope Housing Authority operates exclusively as a recipient entity administering federal housing policy through formula-grant deployment rather than as a market participant or contractor.