Housing Authority Of City Of Prescot

Housing Authority Of The City Of Prescott, a municipal public housing authority based in Prescott, Arkansas, is a prime recipient of federal formula grants from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, operating public housing capital and operating fund programs serving low-income residents.

This is a U.S. government entity — specifically a local government housing authority — with no private-sector business line and no commercial federal contracting activity. All federal awards are direct grants to the authority itself, not contracts for goods or services sold to the government. Prescott Housing Authority receives formula grant funding under two primary HUD programs: the Public Housing Operating Fund (CFDA 14.850) and the Public Housing Capital Fund (CFDA 14.872). The operating fund covers day-to-day operational and maintenance expenses — property management, routine and preventative maintenance, anti-crime and security activities, energy costs, resident supportive services, insurance, and debt service. The capital fund supports public housing modernization, development, infrastructure improvements, emergency repairs, energy efficiency upgrades, and management improvements, distributed through HUD's formula-based allocation methodology.

Recent awards include a $307,903 Capital Fund grant awarded April 1, 2026, with completion deadline March 31, 2030, and a $132,198 Operating Fund grant awarded January 1, 2026, running through December 31, 2032. The authority also holds a prior Capital Fund award dated May 13, 2025, completing May 12, 2029, and an Operating Fund award dated January 1, 2025, completing December 31, 2031. Across the past five years, activity has been consistent but modest — four awards in both 2022 and 2023, declining to two awards each in 2024, 2025, and 2026. The authority has received 44 total federal awards since 2006, with a combined obligation of $9.3 million across all grants. All awards are to the Housing Authority as prime recipient; there are no sub-recipient awards and no federal contract positions. Four awards carry ultimate completion dates within the next twenty-four months, representing routine recompete cycles under HUD's annual formula grant process. The authority's customer base is exclusively HUD's Public and Indian Housing Office, which distributes formula grants to approximately 2,770 public housing agencies nationwide serving nearly one million units across all fifty states and territories.