Summary

The Hanceville Housing Authority received a $141,385 Public Housing Capital Fund (CFDA 14.872) formula grant award from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, with a completion date of March 31, 2030. This grant funds capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Hanceville, Alabama.

Under this award, eligible activities include modernization of existing public housing units, development or significant reconfiguration of the housing inventory, emergency repairs, energy efficiency upgrades, code compliance work, and financing costs associated with standard and mixed-finance developments. The funding must be allocated to activities specified in the Housing Authority's approved five-year action plan or approved by HUD for emergency work, in accordance with 24 CFR Part 905. As a formula-based allocation program, the award amount reflects the characteristics of the Housing Authority's public housing inventory, including unit counts, building age, and construction costs, rather than competitive application processes.