Formula Grant NJ39P00550126

The Trenton Housing Authority received a $5.36 million formula grant award from the U.S. Department of Housing and Urban Development (HUD), Public and Indian Housing Office, under the Public Housing Capital Fund (CFDA 14.872) program, effective April 1, 2026 through March 31, 2030. This formula-based allocation supports capital and management activities for the Authority's public housing portfolio, including modernization, infrastructure improvements, development of additional units, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments for standard and mixed-finance developments.

The Capital Fund grant enables the Trenton Housing Authority to carry out eligible activities specified in its HUD-approved 5-Year Action Plan, as defined under 24 Code of Federal Regulations (CFR) Part 905. Funding may also support emergency work or repairs necessitated by non-presidentially declared natural disasters. As a formula grant, the award amount was calculated based on the Authority's public housing inventory characteristics, including unit counts, building age, and construction costs, rather than through a competitive application process. The Authority must maintain compliance with 2 CFR 200 Uniform Administrative Requirements and ensure accurate inventory data is maintained in HUD's Information Management System throughout the award period.