Federal Grant Award Summary

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded the Selma Housing Authority a Public Housing Capital Fund (CFDA 14.872) formula grant of $2,004,059 effective April 1, 2026, with a completion date of March 31, 2030. This funding supports capital and management activities for public housing operations in Selma, Alabama, including modernization, development, and infrastructure improvements of public housing units. The Capital Fund grant enables the Selma Housing Authority to execute activities such as construction, acquisition, property reconfiguration, emergency repairs, energy efficiency upgrades, and debt service payments associated with maintaining its public housing portfolio serving low-income residents.

As a formula-based allocation program, the Public Housing Capital Fund provides annual funding to approximately 2,770 Public Housing Agencies nationwide managing nearly one million units across all 50 states and territories. The Selma Housing Authority, operating as Valleycreek Apartments, must utilize these funds exclusively for eligible capital activities specified in its approved five-year action plan or for HUD-approved emergency work. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, and the authority is required to maintain accurate inventory data and budget records for HUD review and independent audit purposes.