Malvern Low Rent Housing Agency

Malvern Low Rent Housing Agency, doing business as Malvern Village, is a U.S. local government housing authority that receives federal grants from the Department of Housing and Urban Development's Public and Indian Housing Office to operate and modernize its public housing portfolio. The entity is a 100% prime recipient of HUD formula grants spanning two programs: the Public Housing Operating Fund (for day-to-day operational and maintenance expenses) and the Public Housing Capital Fund (for modernization, development, and capital improvements). Malvern Village operates from Malvern, Iowa and holds no federal contracts; all federal activity consists of direct grant funding from HUD.

Malvern Village's federal footprint is wholly concentrated in HUD's Public and Indian Housing Office, which has issued 39 formula grants across a twenty-year window (beginning in 2006). The agency receives routine annual awards under both the operating and capital programs, with a typical cadence of two grants per year. Recent awards include a Public Housing Operating Fund grant (awarded January 1, 2025, completion December 31, 2031), a Public Housing Capital Fund grant (awarded May 13, 2025, completion May 12, 2029), and a newly issued Public Housing Capital Fund grant (awarded April 1, 2026, completion March 31, 2030). Combined dollars obligated across all 39 awards total $931 thousand, reflecting the formula-grant nature of the funding — HUD annually allocates operating and capital funds to approximately 6,000 housing authorities nationwide, with individual agency shares determined by statutory formula based on portfolio size, resident demographics, and asset condition.

Activity has remained steady at two awards per year over the past five calendar years (2022–2026), with no growth trajectory or decline. Four awards carry ultimate completion dates within the next twenty-four months, presenting recompete exposure; however, for formula-grant recipients under the Housing Act, recompete is administrative renewal through HUD's annual allocation process rather than open competitive procuring. Malvern Village does not subcontract federal work and engages no prime contractors; the entity administers HUD capital and operating funds directly in its role as a public housing provider serving residents in Malvern, Iowa.