Housing & Redevelopment Author

Housing & Redevelopment Authority, doing business as Bayview Terrace, is a U.S. local government entity and public housing authority based in Two Harbors, Minnesota, that receives federal grant funding from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office as a prime grant recipient rather than as a federal contractor. The entity does not hold federal contracts or compete for commercial procurement; it operates as a recipient of formula-based housing grants under HUD's public housing programs.

Bayview Terrace's federal footprint consists entirely of HUD grant funding flowing through two principal mechanisms. The Public Housing Capital Fund (CFDA 14.872), a formula grant program created under the Quality Housing and Work Responsibility Act in 1998, funds capital improvements, modernization, development, and infrastructure work on public housing units under an approved five-year action plan and regulatory compliance with 24 CFR Part 905. The Public Housing Operating Fund provides operating subsidies for day-to-day operational expenses, routine and preventative maintenance, resident services, energy costs, security, debt service, and administrative costs. Recent Capital Fund awards include a $135,210 formula grant effective April 1, 2026 through March 31, 2030 for capital improvements and modernization at Bayview Terrace's Two Harbors portfolio; a prior award dated May 13, 2025 with ultimate completion in May 2029; and an earlier award dated May 6, 2024 running through May 2028. Parallel Operating Fund awards cover seven-year periods (most recently January 1, 2026 through December 31, 2032, and prior periods dating to 2022). All expenditures must comply with eligible activities outlined in 24 CFR Part 905 and the Uniform Guidance under 2 CFR 200, with accurate record-keeping and independent audit requirements.

Customer concentration is singular: the Department of Housing and Urban Development's Public and Indian Housing Office accounts for all 42 awards in the visible award history, representing a complete absence of diversification. Combined dollars obligated across all awards total $3.6 million. Award frequency holds flat at two awards per year from 2022 through 2026, reflecting the formulaic, non-competitive nature of HUD's capital and operating fund allocations to qualified housing authorities. Two awards carry ultimate completion dates within the next twenty-four months, indicating a recompete cliff risk; however, as a public housing authority receiving formula-based allocations rather than competing for discretionary funding, Bayview Terrace does not face traditional competitive recompete pressure. This vendor profile is irrelevant to federal contractor competitive intelligence, procurement strategy, or teaming; it represents a municipal grant recipient, not a service provider or vendor operating in the federal contracting market.