Formula Grant NC19P01350126

The Housing Authority of the City of Durham received a $3,978,185 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) on April 1, 2026. This four-year award, with a completion date of March 31, 2030, supports capital and management activities for the Authority's public housing portfolio, including modernization, development, infrastructure improvements, and related eligible activities as specified in 24 CFR Part 905. The funding enables the Housing Authority to enhance its approximately 1,200 public housing units and maintain safe, decent, and affordable housing for low-income families, elderly individuals, and persons with disabilities in the Durham area.

The Capital Fund award provides flexible financial resources for eligible capital activities identified in the Authority's HUD-approved 5-Year Action Plan, emergency repairs, and work necessitated by non-presidentially declared natural disasters. Permissible uses of these funds include modernization and reconfiguration of existing units, new development or acquisition of additional public housing units, management improvements, and 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 award amount reflects the Authority's public housing inventory characteristics, including unit count, building age, and construction costs, and requires compliance with 2 CFR 200 Uniform Administrative Requirements and accurate maintenance of inventory data in HUD's Information Management System.