Federal Grant Award Summary

The Housing Authority of City of Newnan received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $1,455,791 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 Newnan, Georgia. The funding enables the housing authority to conduct eligible activities including physical modernization of existing public housing units, development of additional public housing inventory, management improvements, emergency repairs, and energy efficiency upgrades as specified in the approved five-year action plan and 24 CFR Part 905 regulations.

The Capital Fund operates as a formula-based allocation program where funding amounts are calculated annually by HUD based on characteristics of each public housing agency's inventory, including unit counts, building age, and construction costs. As a prime grantee administering this award directly, the Housing Authority of City of Newnan maintains full operational control over program implementation and must comply with 2 CFR 200 Uniform Administrative Requirements, maintain accurate inventory data in HUD's Information Management System, and preserve budgets and cost records for HUD and independent auditor review throughout the four-year performance period.