Summary

The Saugus Housing Authority received a formula grant award of $258,983 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 directed toward modernization, development, and infrastructure improvements of public housing units serving low-income residents in Saugus, Massachusetts. Capital Fund resources may be applied to eligible activities including construction, acquisition, rehabilitation of housing units, emergency repairs, energy efficiency upgrades, and financing costs associated with public housing developments, as specified in the recipient's five-year action plan or approved by HUD for emergency circumstances.

As a Public Housing Agency (PHA), Saugus Housing Authority administers these federal funds to maintain and enhance its public housing portfolio while ensuring safe, decent housing for vulnerable populations including elderly residents and families with children. The award represents one of approximately 2,770 PHA formula grant allocations nationwide managed through HUD's non-competitive Capital Fund program, which distributes funds based on established formulas reflecting inventory characteristics such as unit counts, building age, and construction costs rather than through competitive application processes.