Federal Grant Award Summary

The Housing Authority of the City of Colorado Springs received a $2,145,052 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 essential to maintaining and improving the public housing stock in Colorado Springs. Specifically, funds will be allocated toward modernization of existing public housing units, critical infrastructure upgrades, emergency repairs, energy efficiency improvements, and development activities that expand or reconfigure the agency's affordable housing inventory.

As a local government entity and public housing agency serving low-income families, elderly individuals, and persons with disabilities, the Housing Authority of the City of Colorado Springs will utilize these capital funds for eligible activities as defined in 24 CFR 905.200, including construction, acquisition, and financing-related costs in accordance with its approved 5-year action plan. The formula-based allocation reflects the agency's public housing inventory characteristics and aligns with the broader Capital Fund program objective of serving approximately 2,770 public housing agencies nationwide that collectively manage nearly one million affordable housing units across all 50 states and territories.