Federal Formula Grant Award Summary

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded the Saratoga Springs Housing Authority $840,576 through the Public Housing Capital Fund (CFDA 14.872) on April 1, 2026, with a performance period extending through March 31, 2030. This formula-based grant provides capital and management funding for public housing agencies to support modernization, infrastructure improvements, development, and emergency repairs of public housing units serving low-income residents in Saratoga Springs, New York.

Under this award, the Saratoga Springs Housing Authority will utilize Capital Fund resources to conduct eligible activities as defined in 24 CFR 905.200, which may include physical modernization of existing units, facility development or acquisition, critical infrastructure upgrades, energy efficiency improvements, and financing activities such as debt service payments. All funded activities must align with the agency's approved Five-Year Action Plan or qualify for emergency work or disaster-related repairs. The award calculations reflect the Housing Authority's specific public housing inventory characteristics, including unit counts and building age, consistent with the formula-based allocation methodology that distributes Capital Funds to approximately 2,770 PHAs managing nearly one million units across all 50 states and territories.