Federal Grant Award Summary

The Housing Authority of the City of Piedmont, Alabama received a $582,402 formula grant 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) program. The award, effective April 1, 2026, through March 31, 2030, supports capital improvements and modernization activities for public housing units serving low-income residents in Piedmont, Alabama. The Capital Fund formula allocation enables the Housing Authority to implement infrastructure upgrades, including demolition and reconfiguration of units, energy efficiency improvements, non-routine maintenance, and other eligible modernization activities specified in the Authority's five-year action plan.

As a formula-based allocation program, the Capital Fund distributes federal funding to approximately 2,770 Public Housing Agencies nationwide managing nearly one million public housing units. Unlike competitive grant programs, Capital Fund awards are calculated annually based on established formulas reflecting each agency's inventory characteristics, including unit counts, building age, and construction costs. The Piedmont Housing Authority must maintain compliance with 2 CFR 200 Uniform Administrative Requirements and certify its public housing inventory information in HUD's Information Management System, with all capital funds restricted to eligible activities that enhance the safety, adequacy, and efficiency of its public housing portfolio.