Formula Grant FL29P00750126

The Housing Authority of the City of Daytona received a $1,781,934.00 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 funding supports capital and management activities essential to maintaining and improving public housing infrastructure serving low-income residents in the Daytona Beach, Florida area.

The grant funds eligible capital activities including public housing modernization, development, infrastructure improvements, energy efficiency upgrades, and emergency repairs to the Authority's existing housing inventory. Additionally, the Capital Fund may support financing activities such as debt service payments and customary financing costs for standard and mixed-finance developments. All funded activities must align with the Authority's approved 5-Year Action Plan or receive HUD approval for emergency work and disaster-related repairs. The Housing Authority must comply with applicable federal regulations, including 2 CFR 200 Uniform Administrative Requirements, and maintain accurate inventory data in HUD's Information Management System to ensure proper stewardship and accountability of the capital funds throughout the four-year performance period.