Formula Grant OR16P00650126

Federal Grant Award Summary: Public Housing Capital Fund

The Housing Authority & Community Service Agency of Lane County, operating as Homes For Good Housing Agency, received a formula grant award of $1,779,587 from the U.S. Department of Housing and Urban Development (HUD), Public and Indian Housing Office, under the Public Housing Capital Fund (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 throughout Lane County, Oregon. Homes For Good Housing Agency utilizes these capital funds for modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development of public housing units, with activities specified in approved five-year action plans or HUD-approved emergency work.

The Capital Fund program distributes annual formula-based allocations to approximately 2,770 Public Housing Agencies nationwide managing nearly one million public housing units across all 50 states and territories. As a formula grant program administered without competitive application requirements, funding amounts are calculated using established criteria reflecting each agency's public housing inventory characteristics, including unit counts, building age, and construction costs. Recipients must comply with 2 CFR 200 Uniform Administrative Requirements, maintain accurate inventory data in HUD's Information Management System, and undergo regular audits in conjunction with independent auditor reviews of agency operations.