Formula Grant FL29P10450126

The Pasco County Housing Authority received a $571,022 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 for public housing modernization, development, infrastructure improvements, and emergency repairs across the Housing Authority's portfolio serving low-income residents in Pasco County, Florida. The Capital Fund formula allocation is based on established criteria including the Housing Authority's public housing inventory characteristics such as unit counts, building age, and construction costs, rather than through a competitive application process.

The Housing Authority will deploy these capital funds for eligible activities as specified in its HUD-approved five-year action plan, which may include modernization projects, development of additional public housing units, infrastructure upgrades, energy efficiency improvements, and financing activities such as debt service payments. Recent sub-award activities demonstrate the Housing Authority's commitment to expanding and improving affordable housing, including the Magnolia Oaks project constructing 77 new units for homeless veterans and non-elderly disabled individuals, along with targeted property improvements such as window replacements and roof repairs at multiple residential complexes. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, with obligation deadlines subject to extension requests but expenditure deadlines fixed.