Federal Grant Award Summary

The Housing Authority of the City of Alexander City received a $1,923,267 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), effective April 1, 2026 through March 31, 2030. This award supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Alexander City, Alabama.

The Capital Fund grant finances eligible activities including public housing modernization, development of additional housing units, infrastructure repairs and upgrades, energy efficiency improvements, and management enhancements as specified in the Housing Authority's approved 5-year action plan or HUD-approved emergency work. The formula-based allocation is calculated using inventory characteristics such as unit counts, building age, and construction costs, allowing the Housing Authority to plan and execute capital improvements within its public housing portfolio without competitive application requirements. All funding must be obligated by March 31, 2030, with compliance required under 2 CFR 200 Uniform Administrative Requirements and HUD audit provisions.