Formula Grant CO01P00350126

The Walsenburg Housing Authority received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $434,944 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, with a completion date of March 31, 2030. This award supports capital and management activities for the Housing Authority's public housing portfolio located in Walsenburg, Colorado, including modernization, infrastructure improvements, development of additional public housing units, and related financing activities. The Capital Fund enables the authority to enhance and maintain safe, decent housing conditions for low-income residents, elderly individuals, and persons with disabilities within its service area.

The funding may be applied only to eligible activities specified in the authority's 5-year action plan or HUD-approved emergency or disaster-related work as defined in 24 CFR 905.200. Capital Fund allocations are distributed annually through a formula based on characteristics of each Public Housing Agency's inventory, including unit counts, building age, and construction costs, rather than through competitive selection. The Walsenburg Housing Authority, which has maintained continuous federal funding since at least 2021, must comply with Uniform Administrative Requirements (2 CFR 200) and maintain accurate public housing inventory records in HUD's Information Management System throughout the award period.