Park Rapids Housing & Redevelo

Park Rapids Housing & Redevelo, doing business as River Heights Apartments, is a U.S. local government entity and municipal housing authority based in Park Rapids, Minnesota, that receives federal operating and capital grants from the Department of Housing and Urban Development's Public and Indian Housing Office to fund day-to-day operational expenses and modernization activities for public housing serving low-income residents.

Park Rapids Housing & Redevelo operates exclusively as a grant recipient under two HUD programs: the Public Housing Operating Fund (CFDA 14.850) and the Public Housing Capital Fund (CFDA 14.872). Both are formula grants calculated by HUD according to characteristics of the public housing inventory rather than through competitive application. Operating Fund grants support management and operations, routine and preventative maintenance, anti-crime and security activities, energy costs, resident supportive services, insurance, and debt service on public housing units. Capital Fund grants fund modernization, development, management improvements, and infrastructure upgrades to the authority's public housing stock. Representative recent awards include a Public Housing Operating Fund grant awarded January 1, 2026, with ultimate completion December 31, 2032; a Public Housing Capital Fund grant awarded April 1, 2026, for $138,967 running through March 31, 2030; and another Public Housing Capital Fund grant awarded August 3, 2026, through December 31, 2030. Work is performed in Park Rapids, Minnesota.

The authority's federal footprint is narrowly concentrated: all 42 awards in the source data come from HUD's Public and Indian Housing Office, representing $3.3 million in combined dollars obligated across recent years. Activity has been modest but steady — two awards in 2022, four in 2023, two in 2024, two in 2025, and three in 2026. Only two awards reach ultimate completion within the next twenty-four months, reducing near-term recompete exposure. Park Rapids Housing & Redevelo does not hold federal contracts, serve as a subcontractor, or participate in federal contract vehicles; its relationship to federal procurement is limited to formula grant administration under the Housing Act of 1937, as amended.