Formula Grant CA01P02650126

The Stanislaus Regional Housing Authority received a $2.56 million 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 funding supports capital and management activities for public housing in Stanislaus County, California, including modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development of public housing units. The award enables the Housing Authority to serve nearly one million public housing units nationally as part of the program's broader mandate to assist approximately 2,770 Public Housing Agencies (PHAs) across all 50 states and territories.

Capital funds must be allocated exclusively for eligible activities specified in the Housing Authority's five-year action plan or approved emergency work by HUD. Permissible uses include physical upgrades to existing public housing stock, debt service payments for standard and mixed-finance developments, customary financing costs, and activities that add to or significantly reconfigure the inventory of public housing units. The award operates under HUD's formula-based allocation methodology, which calculates funding based on the Housing Authority's public housing inventory characteristics, such as unit counts, building age, and construction costs, rather than through competitive application processes. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, and the Housing Authority must maintain accurate inventory data and budgetary records for HUD review and independent audits.