Federal Formula Grant Award Summary

The Town of Putnam Housing Authority received a formula grant award of $347,923 from the U.S. Department of Housing and Urban Development (HUD), Public and Indian Housing Office, under the Public Housing Capital Fund (CFDA 14.872). The award, dated April 1, 2026, with an ultimate completion date of March 31, 2030, funds capital and management activities for public housing serving low-income residents in Putnam, Connecticut. Eligible uses of these funds include public housing modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development activities that enhance the housing authority's inventory of affordable housing units.

As a formula-based allocation program, the Public Housing Capital Fund distributes annual funding to approximately 2,770 Public Housing Agencies nationwide based on established formulas reflecting each agency's public housing inventory characteristics, such as unit counts, building age, and construction costs. The Town of Putnam Housing Authority, which maintains and operates public housing stock while providing supportive services to vulnerable populations, must use these capital funds exclusively for eligible activities specified in its HUD-approved 5-Year Action Plan or for emergency and disaster-related work. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements and be supported by accurate budget and cumulative cost records maintained for HUD and independent auditor review.