Formula Grant FL29P06350126

The Gainesville Housing Authority received a $1.89 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 award supports capital and management activities essential to maintaining and improving public housing infrastructure serving low-income residents in the Gainesville, Florida area. Specifically, the funding enables the housing authority to undertake modernization, development, financing activities, and emergency repairs to enhance the quality and safety of public housing units within its inventory.

The Capital Fund operates as a formula-based allocation program calculated according to established criteria reflecting each Public Housing Agency's inventory characteristics, including unit counts, building age, and construction costs. Eligible uses of the capital funds include infrastructure improvements, energy efficiency upgrades, debt service payments, customary financing costs for standard and mixed-finance developments, and management improvements. The Gainesville Housing Authority, like all recipients, must comply with 2 CFR 200 Uniform Administrative Requirements and maintain accurate public housing inventory data in HUD's Information Management System while documenting all project budgets and cumulative costs for HUD and independent auditor review.