Formula Grant GA01P00150126

The Housing Authority of the City of Augusta, Georgia received a $6,236,793 formula grant award 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). The award, effective April 1, 2026 through March 31, 2030, supports capital and management activities for public housing infrastructure improvements and modernization. The funding enables the Housing Authority to implement eligible activities including development and modernization of public housing units, emergency repairs, energy efficiency upgrades, and associated financing costs for debt service and customary financing expenses in standard and mixed-finance developments.

As a formula-based allocation rather than a competitive grant, the award amount reflects HUD's standardized calculation methodology based on the Housing Authority's public housing inventory characteristics, including unit counts, building age, and construction costs. The funds must be utilized exclusively for activities specified in an approved 5-Year Action Plan or for emergency work and repairs related to non-presidentially declared natural disasters, as defined in 24 CFR Part 905. All expenditures are subject to 2 CFR 200 Uniform Administrative Requirements and regular HUD audit compliance requirements.