Formula Grant NJ39P01050126

The Housing Authority of the City of Camden (HACC) received a $2.93 million 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), effective April 1, 2026 through March 31, 2030. This award supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Camden, New Jersey.

Under this grant, HACC will conduct eligible capital activities including housing unit development and acquisition, rehabilitation and reconfiguration of existing public housing stock, emergency repairs, energy efficiency upgrades, and related financing costs such as debt service payments. All funded activities must comply with approved five-year action plans or receive HUD approval for emergency or disaster-related work, and must align with eligible activities specified in 24 CFR Part 905. The award represents HACC's annual formula-based allocation calculated by HUD using inventory characteristics such as unit counts, building age, and construction cost indices, consistent with the Capital Fund program's nationwide distribution to approximately 2,770 public housing agencies managing nearly one million units across all 50 states and territories.