The Department of Housing and Urban Development Public and Indian Housing Office awarded the Housing Authority of Van Buren $504,575 on September 26, 2025, under the Public Housing Capital Fund (CFDA 14.872), a formula grant supporting capital improvements and management activities in public housing.
The recipient, the Housing Authority of Van Buren, a public housing agency in Van Buren, Arkansas, uses Capital Fund grants to finance modernization, infrastructure improvements, emergency repairs, and development activities serving low-income residents. The award covers the period September 26, 2025, through September 25, 2029.
The Public Housing Capital Fund allocates grants to PHAs annually based on a formula derived from characteristics of each agency's public housing inventory, including unit counts, building age, and construction dates. PHAs may use Capital Funds for capital and management activities, financing activities including debt service and customary financing costs in standard and mixed-finance developments, and emergency repairs arising from non-presidentially declared natural disasters occurring in the same federal fiscal year. Awards are distributed on a first-come, first-served basis until set-aside funds are exhausted. No competitive application is required; PHAs maintain accurate inventory data in HUD's Information Management System and submit annual certifications to support formula calculations.