Summary of Federal Grant Award

The Housing Authority of the Town of Hobson City received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $165,296 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, through March 31, 2030. This funding supports critical capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Anniston, Alabama. The capital funds may be applied toward eligible activities including physical modernization, development of additional housing units, emergency repairs, infrastructure upgrades, and management improvements, as specified in the PHA's approved five-year action plan or as approved by HUD for emergency or disaster-related work.

The Public Housing Capital Fund operates as a formula-based allocation program, with awards calculated according to established formulas reflecting each PHA's inventory characteristics such as unit counts, building age, and construction costs, rather than through competitive application processes. The Housing Authority must comply with all applicable federal requirements under 2 CFR Part 200 Uniform Administrative Requirements and maintain accurate inventory data in HUD's Information Management System. As a prime awardee with no identified subcontractors, the Housing Authority maintains direct responsibility for administering the program and delivering capital improvements to its public housing portfolio.