MT Sterling Housing Auth

MT Sterling Housing Authority, a U.S. local government housing authority based in Mt Sterling, Kentucky, receives formula grant funding from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office as the sole recipient of federal awards in its portfolio. The authority does not compete for federal contracts; it operates exclusively under HUD's entitlement-based grant programs for public housing agencies.

MT Sterling Housing Authority's federal footprint consists entirely of formula-grant awards under two HUD programs. The authority received $750,417 under the Public Housing Capital Fund (CFDA 14.872) with an award date of April 1, 2026, running through March 31, 2030, which supports capital improvements including public housing modernization, construction, acquisition, rehabilitation, emergency repairs, and energy efficiency upgrades. Concurrently, the authority holds a Public Housing Operating Fund (CFDA 14.850) award of $262,311 effective January 1, 2026, through December 31, 2032, covering day-to-day operational expenses including property management, routine and preventative maintenance, security, energy costs, resident supportive services, insurance, debt service, and administrative costs. Both awards are formula-based allocations determined by HUD's prescribed calculation forms reflecting the authority's inventory characteristics, unit counts, and building age, rather than competitive procurements. The authority must maintain all capital improvements aligned with its HUD-approved 5-year action plan and comply with applicable federal regulations, including detailed budgeting and cost reporting for HUD review.

Customer concentration is absolute: all 39 awards in the portfolio derive from the Department of Housing and Urban Development's Public and Indian Housing Office. The authority has received recurring Capital Fund and Operating Fund grants since at least 2022, with activity holding steady at two awards per year across the past five years. Combined dollars obligated across all awards total $18 million. Two awards face ultimate completion within the next twenty-four months, presenting potential recompete activity for the authority's next funding cycle. MT Sterling Housing Authority operates as a prime recipient exclusively; it carries no subcontract or sub-recipient awards in its federal footprint.