Formula Grant AL09P17250126

The Tallassee Housing Authority received a $283,908 formula grant award 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 funding supports capital and management activities for public housing serving low-income residents in Tallassee, Alabama, including modernization, infrastructure improvements, energy efficiency upgrades, and development initiatives to maintain the authority's public housing portfolio.

As a formula-based allocation program, the Public Housing Capital Fund distributes funds to approximately 2,770 Public Housing Agencies nationwide based on established formulas reflecting inventory characteristics such as unit counts, building age, and construction costs, rather than through competitive application processes. The Tallassee Housing Authority, as a direct recipient, must utilize these funds exclusively for eligible activities specified in 24 CFR 905.200, either as outlined in its approved 5-year action plan or as approved by HUD for emergency or disaster-related work. The authority remains responsible for maintaining accurate public housing inventory data in HUD's Information Management System and complying with 2 CFR 200 Uniform Administrative Requirements throughout the grant performance period.