Formula Grant NC19P00650126

The Housing Authority of the City of High Point received a $3.75 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 award supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in High Point, North Carolina.

The funding will enable the Housing Authority to finance eligible capital activities including modernization of existing public housing units, development of additional housing inventory, emergency repairs, energy efficiency upgrades, and management improvements as outlined in 24 CFR Part 905. The Housing Authority must allocate these capital funds in accordance with its approved 5-Year Action Plan and may utilize the resources for infrastructure enhancements, debt service payments, and customary financing costs associated with public housing operations. As a formula grant recipient, the Housing Authority maintains eligibility through continuous certification of its public housing inventory data in HUD's Information Management System and must comply with all applicable federal requirements under 2 CFR 200 Uniform Administrative Requirements.