Formula Grant GA01P00250126

The Housing Authority of Savannah received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $3,036,353 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, through March 31, 2030. This award supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in the Savannah, Georgia area. The funding may be applied to eligible activities including physical improvements to existing public housing units, development or acquisition of additional public housing inventory, management enhancements, emergency repairs, energy efficiency upgrades, and associated financing costs for standard and mixed-finance developments.

The Capital Fund operates as a formula-based allocation program whereby funding amounts are determined annually by HUD using established formulas reflecting each Public Housing Agency's inventory characteristics, such as unit counts, building age, and construction costs. The Housing Authority of Savannah must allocate funds in accordance with an approved five-year action plan or seek HUD approval for emergency work or repairs necessitated by non-presidentially declared natural disasters. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, and the agency is required to maintain accurate public housing inventory data and submit annual certifications to HUD's Information Management System.