Formula Grant GA01P20550126

The Housing Authority of City of Fort Valley received a $288,987 formula grant award from the U.S. Department of Housing and Urban Development's 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 capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Fort Valley, Georgia. The Capital Fund award enables the Housing Authority to implement eligible activities including non-routine maintenance, emergency repairs, energy efficiency upgrades, and other capital improvements to its public housing portfolio as outlined in its approved 5-Year Action Plan and specified in 24 CFR Part 905.

As a formula-based allocation program, the Public Housing Capital Fund distributes annual awards to approximately 2,770 Public Housing Agencies nationwide based on established formulas reflecting inventory characteristics such as unit counts and building age, rather than through competitive applications. The Housing Authority must utilize these funds exclusively for activities described as eligible in the program regulations, maintain accurate records for HUD review and independent audit, and comply with 2 CFR 200 Uniform Administrative Requirements. The four-year performance period allows the Housing Authority to plan and execute strategic capital improvements that maintain decent, safe, and sanitary housing conditions across its public housing inventory.