Summary

The Costilla County Housing Authority received a formula grant award of $224,822 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. The funding supports capital and management activities for the authority's public housing portfolio, with eligible uses including modernization of existing units, development of additional public housing inventory, infrastructure improvements, emergency repairs, management enhancements, and financing activities such as debt service payments related to public housing developments.

As a formula-based allocation program, the Public Housing Capital Fund distributes annual appropriations to approximately 2,770 Public Housing Agencies nationwide based on established formulas reflecting each agency's inventory characteristics, including unit counts, building age, and construction costs. The Costilla County Housing Authority must utilize these capital funds exclusively for activities specified in its HUD-approved 5-Year Action Plan or for emergency work, and must maintain compliance with 2 CFR 200 Uniform Administrative Requirements while documenting budgets and costs for HUD and independent auditor review. The award continues the authority's sustained access to federal capital improvement funding to serve low-income residents in Costilla County, Colorado.