Formula Grant AL09P18950126

The Top Of Alabama Regional Housing Authority received a $1,046,583 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 program (CFDA 14.872) effective April 1, 2026, through March 31, 2030. This award supports capital and management activities essential to maintaining and improving public housing infrastructure and operations serving low-income residents in the Boaz, Alabama region. The Capital Fund allocation enables the Housing Authority to execute modernization projects, develop or reconfigure public housing units, conduct management improvements, fund emergency repairs, and implement infrastructure upgrades including energy efficiency enhancements across its portfolio.

As a formula-based allocation rather than a competitive grant, this award reflects the Housing Authority's certified public housing inventory characteristics and is distributed in accordance with HUD's established Capital Fund formula methodology. The Housing Authority will utilize these funds exclusively for eligible activities specified in its approved 5-Year Action Plan or HUD-approved emergency and disaster response work, in compliance with 2 CFR 200 Uniform Administrative Requirements. The funding represents a continuation of the Housing Authority's ongoing federal partnership with HUD, complementing its concurrent Public Housing Operating Fund award that supports day-to-day operational and maintenance expenses.