Formula Grant NM02P08850126

The Northern Regional Housing Authority (NRHA) received a $2,062,567 formula grant from the U.S. Department of Housing and Urban Development's (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 award supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in the Taos, New Mexico area.

Under this funding, NRHA will undertake capital improvements including physical modernization of existing public housing units, development and acquisition of additional units, emergency repairs, energy efficiency upgrades, and related infrastructure enhancements to its public housing inventory. The Capital Fund formula grant may also support financing activities, including debt service payments and customary financing costs for standard and mixed-finance developments. All eligible activities must comply with 24 CFR Part 905 and align with NRHA's approved 5-Year Action Plan or receive HUD approval for emergency or disaster-related work. NRHA is required to maintain accurate inventory data, submit annual certifications to HUD's Information Management System, and comply with 2 CFR 200 Uniform Administrative Requirements throughout the four-year performance period.