Formula Grant MA01P02850126

The Framingham Housing Authority received a $716,736 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 program (CFDA 14.872), effective April 1, 2026 through March 31, 2030. This funding supports capital and management activities essential to maintaining and improving the housing authority's public housing inventory, including modernization of existing units, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development of additional public housing units. The grant may also be applied toward financing activities such as debt service payments and customary financing costs for mixed-finance developments.

As a formula-based allocation rather than a competitive grant, the funding amount was calculated by HUD using established criteria reflecting the Framingham Housing Authority's public housing inventory characteristics, including unit counts, building age, and construction costs. The housing authority must utilize these capital funds exclusively for eligible activities either specified in its approved 5-year action plan or approved by HUD for emergency work or disaster-related repairs. All expenditures and activities must comply with 2 CFR 200 Uniform Administrative Requirements, and the housing authority is required to maintain accurate inventory data and budget records for HUD and independent auditor review throughout the performance period.