Federal Grant Award Summary

The Housing Authority of the Caddo Electric Cooperative received $109,053 in formula grant funding from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872). The award, effective April 1, 2026 through March 31, 2030, supports capital and management activities for public housing serving low-income residents in Lookeba, Oklahoma.

The funding supports eligible capital activities including public housing modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development of additional public housing units. The Capital Fund provides annual formula-based allocations to approximately 2,770 Public Housing Agencies (PHAs) nationwide managing nearly one million units across all 50 states and territories. The Housing Authority of the Caddo Electric Cooperative must utilize these funds only for activities specified in its approved 5-Year Action Plan or for HUD-approved emergency work, and must maintain accurate inventory records in HUD's Information Management System to sustain eligibility for future funding cycles.