Federal Grant Award Summary

The Housing Authority of St. Petersburg, Florida received a $872,365 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 program (CFDA 14.872), effective April 1, 2026, through March 31, 2030. This award supports capital and management activities essential to maintaining and improving public housing for low-income residents in the St. Petersburg area. The funding will be applied toward eligible capital activities including public housing modernization, infrastructure improvements, development projects that expand or reconfigure the public housing inventory, management improvements, and emergency repairs as specified in the authority's approved five-year action plan or as approved by HUD for emergency work and non-presidentially declared natural disaster recovery.

The Public Housing Capital Fund operates as a formula-based allocation program serving approximately 2,770 Public Housing Agencies (PHAs) nationwide that collectively manage nearly one million public housing units. Unlike competitive grant programs, PHAs receive annual allocations calculated by HUD using formulas based on inventory characteristics such as unit counts, building age, and construction costs. The St. Petersburg Housing Authority must comply with federal audit requirements under 2 CFR Part 200 and maintain accurate inventory data in HUD's Information Management System while executing eligible capital improvement activities outlined in 24 CFR Part 905.