Formula Grant PA01P00250126

The Philadelphia Housing Authority (PHA) received a $55.7 million formula grant award from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872), effective April 1, 2026 through March 31, 2030. This funding supports capital and management activities necessary to modernize, develop, and maintain public housing units across Philadelphia's portfolio, which serves approximately 1.6 million residents. The Capital Fund allocation enables PHA to conduct infrastructure improvements, emergency repairs, energy efficiency upgrades, and development activities that expand or reconfigure the public housing inventory, consistent with the agency's HUD-approved 5-year action plan.

As a formula-based allocation program, the Public Housing Capital Fund distributes annual grants to approximately 2,770 Public Housing Agencies nationwide managing nearly one million units across all 50 states and territories. PHA, as the designated public housing agency for Philadelphia, maintains eligibility for these funds through accurate certification of its public housing inventory data in HUD's Information Management System. The Capital Fund supports eligible activities including financing costs and debt service payments for mixed-finance developments containing public housing units. All funds must comply with 2 CFR 200 Uniform Administrative Requirements, with obligated amounts subject to extension requests and expenditure deadlines established by HUD.