Formula Grant GA01P09150126

The Housing Authority of the City of Buford received a formula grant award of $146,806.00 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). The award, effective April 1, 2026 through March 31, 2030, supports capital and management activities for public housing in Buford, Georgia, including modernization, development, rehabilitation, and infrastructure improvements of public housing units. These funds enable the Housing Authority to maintain and enhance safe, sanitary, and well-maintained public housing facilities serving low-income residents, including elderly individuals and persons with disabilities.

The Capital Fund provides annual formula-based allocations to Public Housing Agencies calculated according to established formulas reflecting inventory characteristics such as unit counts, building age, and construction costs, rather than through competitive application processes. Eligible uses of capital funds are limited to activities specified in the Housing Authority's approved 5-year action plan or HUD-approved emergency work. The Housing Authority must maintain accurate public housing inventory data and comply with 2 CFR 200 Uniform Administrative Requirements, with all expenditures completed by the March 31, 2030 deadline.