Formula Grant AL09P10250126

The Altoona Housing Authority received a formula-based grant award of $259,204.00 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). The award, dated April 1, 2026, extends through March 31, 2030, and funds capital and management activities supporting the Authority's public housing portfolio in Altoona, Alabama.

The Capital Fund grant supports modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development activities across the Authority's public housing units. Eligible uses include housing unit rehabilitation, construction activities, code compliance work, and financing-related expenses for standard and mixed-finance developments. Like all Public Housing Agencies nationwide, the Altoona Housing Authority's allocation is determined through HUD's formula-based calculation methodology, which reflects characteristics of the agency's public housing inventory including unit counts, building age, and construction costs, rather than through a competitive application process. The Authority must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements, with all expenditures required to occur by the March 31, 2030 completion date.