Formula Grant AL09P01150126

The Housing Authority of the City of Fort Payne received a formula grant award of $873,891 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872), effective April 1, 2026 through March 31, 2030. This funding supports capital and management activities essential to maintaining and improving the authority's public housing inventory serving low-income residents in Fort Payne, Alabama. The grant finances eligible activities including public housing modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development activities that expand or reconfigure the authority's housing units.

As a formula-based allocation determined by characteristics of the authority's public housing inventory—such as unit counts, building age, and construction costs—the Capital Fund award does not require a competitive application process. The funding must be obligated and expended in compliance with 2 CFR 200 Uniform Administrative Requirements, with expenditures required to be completed by the March 31, 2030 deadline. The authority maintains eligibility through annual certification of its public housing inventory information in HUD's Information Management System, ensuring alignment of the formula calculations and capital funding allocations with actual housing portfolio characteristics.