Summary of Federal Formula Grant Award

The Delta Housing Authority received $296,092 in formula grant funding 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). The award, dated April 1, 2026, with an ultimate completion date of March 31, 2030, supports capital and management activities for public housing serving low-income residents in Delta, Colorado. The Capital Fund provides annual allocations to approximately 2,770 Public Housing Agencies nationwide to finance modernization, development, infrastructure improvements, and management enhancements of public housing properties.

Under this award, Delta Housing Authority will utilize capital funds for eligible activities including public housing development, modernization, acquisition, construction, rehabilitation, and reconfiguration of housing units within its inventory. The organization may also apply funding toward financing activities such as debt service payments and customary financing costs associated with standard and mixed-finance developments. All expenditures must align with approved 5-year action plans or HUD-approved emergency work, and the authority must maintain compliance with 2 Code of Federal Regulations (CFR) Part 200 Uniform Administrative Requirements and accurate inventory documentation in HUD's Information Management System throughout the performance period.