Federal Grant Award Summary

The U.S. Department of Housing and Urban Development (HUD), through its Public and Indian Housing Office, awarded the Albuquerque Housing Authority a formula grant of $2,274,192 under the Public Housing Capital Fund (CFDA 14.872) on April 1, 2026, with a completion date of March 31, 2030. This formula-based allocation supports critical capital and management activities for public housing modernization, development, infrastructure improvements, and emergency repairs serving low-income residents in the Albuquerque, New Mexico area.

Funds may be applied toward eligible activities including housing modernization and rehabilitation, development or acquisition of additional public housing units, infrastructure improvements, energy efficiency upgrades, emergency and disaster-related repairs, and financing activities such as debt service payments. The Capital Fund operates as a formula-driven program rather than a competitive solicitation, with allocation amounts calculated based on each Public Housing Agency's inventory characteristics, including unit counts, building age, and construction costs. In accordance with federal requirements, the Albuquerque Housing Authority must obligate these funds within the award period and maintain accurate public housing inventory data in HUD's Information Management System while complying with 2 CFR 200 Uniform Administrative Requirements and audit provisions.