Federal Grant Award Summary

Madison Housing Authority received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $179,841 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026 through March 31, 2030. The funding supports capital and management activities for public housing units serving low-income residents in Madison, North Carolina. As a direct recipient of formula-based funding, Madison Housing Authority will utilize these capital funds for eligible activities including modernization, infrastructure improvements, development, emergency repairs, and facility upgrades to its public housing inventory, as specified in 24 CFR Part 905 and approved through the agency's five-year action plan.

The Public Housing Capital Fund program operates on a formula-based allocation model serving approximately 2,770 Public Housing Agencies (PHAs) nationwide that collectively manage nearly one million public housing units across all 50 states and territories. Formula allocations are calculated based on each PHA's inventory characteristics, including unit counts and building age, rather than through competitive application processes. Madison Housing Authority, as a division of the Housing Authority of the City of Winston-Salem, maintains ongoing eligibility through certified inventory data in HUD's Information Management System and must comply with 2 CFR 200 Uniform Administrative Requirements and audit requirements throughout the performance period.