Public Housing Capital Fund Award Summary

The Ahoskie Housing Authority received a formula grant award of $376,865 from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872), effective April 1, 2026, through March 31, 2030. This award supports capital and management activities for the Housing Authority's public housing portfolio serving low-income residents in Ahoskie, North Carolina.

Under this funding, the Housing Authority will undertake modernization, development, and infrastructure improvement projects as specified in its HUD-approved five-year action plan or emergency work, in accordance with 24 CFR 905. Eligible activities include construction and acquisition of additional public housing units, facility rehabilitation, energy efficiency upgrades, system replacements, and related management improvements necessary to ensure decent, safe, and sanitary housing conditions. The formula-based allocation reflects the Housing Authority's inventory characteristics, including unit count, building age, and construction costs, rather than requiring competitive application. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements and be obligated by the deadline specified by HUD, with performance expected to conclude by March 31, 2030.