Formula Grant NC19P03250126

The Washington Housing Authority received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $1,500,216.00 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, with a completion date of March 31, 2030. This funding supports capital and management activities for the authority's public housing portfolio serving low-income residents in Washington, North Carolina.

The capital funds will be deployed for eligible activities including public housing modernization, development, infrastructure improvements, and emergency repairs as specified in the authority's 5-year action plan. Permissible uses encompass construction and acquisition of additional public housing units, system and building improvements, financing activities including debt service payments, and other capital management improvements outlined in 24 CFR Part 905. As a formula-based allocation program, the funding amount reflects the authority's public housing inventory characteristics such as unit counts and building age, rather than competitive application processes. The authority must maintain compliance with 2 CFR 200 Uniform Administrative Requirements and complete all obligated expenditures by the March 31, 2030 deadline.