Formula Grant GA01P06450126

The Housing Authority of Bainbridge received a $975,100 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), effective April 1, 2026, through March 31, 2030. This funding supports critical capital and management activities for the Authority's public housing portfolio in Bainbridge, Georgia, including modernization, development, physical improvements, and management enhancements to ensure public housing units meet federal standards and serve low-income residents.

The Capital Fund grant enables the Housing Authority of Bainbridge to undertake eligible activities specified in its HUD-approved 5-year action plan, such as construction, acquisition, rehabilitation, and emergency repairs. Additionally, the funding may support financing activities including debt service payments and customary financing costs for public housing developments. All expenditures must align with 24 CFR Part 905 eligible activities requirements and comply with 2 CFR 200 Uniform Administrative Requirements. The formula-based allocation reflects the Authority's public housing inventory characteristics, including unit counts, building age, and construction costs, rather than through a competitive application process.