Federal Grant Award Summary

The Housing Authority of the City of Live Oak received $338,465 in formula grant funding from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) program, effective April 1, 2026 through March 31, 2030. This award supports capital and management activities for public housing modernization, infrastructure improvements, and development projects within Live Oak, Florida. The Capital Fund formula allocation enables the housing authority to undertake eligible activities as specified in 24 CFR Part 905, including construction and acquisition activities that enhance or reconfigure public housing units in the agency's inventory, while serving low-income families, elderly individuals, and persons with disabilities.

The Public Housing Capital Fund operates as a nationwide formula-based allocation program serving approximately 2,770 Public Housing Agencies (PHAs) managing nearly one million public housing units across all 50 states and territories. Award amounts are calculated using established formulas based on each PHA's inventory characteristics, such as unit counts and building age, rather than through competitive application processes. The Housing Authority of the City of Live Oak must allocate funds only to activities specified in its approved five-year action plan or HUD-approved emergency work, while maintaining compliance with 2 CFR 200 Uniform Administrative Requirements and documenting all budgets and cumulative costs for HUD and independent auditor review.