Formula Grant FL14P04750126

The Housing Authority of the City of Fort Myers received a $2.3 million 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) program, effective April 1, 2026 through March 31, 2030. This funding supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in the Fort Myers, Florida area. Eligible activities funded through this award include physical modernization of existing public housing units, development of new or reconfigured housing units, emergency repairs, energy efficiency upgrades, and management improvements as specified in the Housing Authority's approved 5-year action plan.

The Public Housing Capital Fund operates as a formula-based allocation program whereby the Housing Authority's grant amount is calculated annually by HUD based on established formulas reflecting the agency's public housing inventory characteristics, including unit counts, building age, and construction costs. The Housing Authority must obligate and expend these funds in accordance with 2 CFR 200 Uniform Administrative Requirements and maintain accurate inventory data in HUD's Information Management System. The award represents one of approximately 2,770 formula grants distributed annually to public housing agencies nationwide serving nearly one million public housing units across all 50 states and territories.