Federal Grant Award Summary

The Enterprise Housing Authority received a $510,343 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, effective April 1, 2026, through March 31, 2030. This award provides financial assistance to support capital and management activities for public housing in Enterprise, Alabama, including modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development of public housing units. The Capital Fund may also support financing activities such as debt service payments and customary financing costs for standard and mixed-finance developments.

As a formula-based allocation program, the Public Housing Capital Fund distributes funds annually to approximately 2,770 Public Housing Agencies (PHAs) nationwide managing nearly one million units across all 50 states and territories. The Enterprise Housing Authority must utilize these funds exclusively for eligible activities specified in an approved 5-Year Action Plan or for HUD-approved emergency work and non-presidentially declared natural disaster repairs, as defined in 24 CFR 905.200. The agency is required to maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements, including budget maintenance and cost documentation for HUD and independent auditor review.