Summary

The Great Falls Housing Authority received a $1.53 million 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 serving low-income residents in Great Falls, Montana, including modernization of existing units, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development of additional public housing inventory. The Capital Fund also enables financing activities such as debt service payments and customary financing costs for public housing developments.

As a formula-based allocation program, the Capital Fund distributes annual appropriations to approximately 2,770 Public Housing Agencies nationwide managing nearly one million public housing units across all 50 states and territories. Funding allocations are calculated using established formulas reflecting each PHA's inventory characteristics, including unit counts, building age, and construction costs, rather than through competitive application processes. Grant recipients must comply with 2 CFR 200 Uniform Administrative Requirements and maintain accurate inventory data in HUD's Information Management System to support program administration and independent audits.