Formula Grant RI43P01050126

The Town of Cumberland Housing Authority received a $355,949 formula grant from the U.S. Department of Housing and Urban Development's 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 critical capital and management activities for the authority's public housing portfolio, including modernization of existing units, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development activities that expand or reconfigure the agency's public housing inventory in Cumberland, Rhode Island.

The Capital Fund formula grant enables the Housing Authority to fund eligible capital projects as specified in its five-year action plan or HUD-approved emergency work, consistent with 24 CFR Part 905 requirements. Capital Fund allocations are determined through an established formula based on the authority's public housing inventory characteristics—including unit counts, building age, and construction costs—rather than through competitive application processes. As a formula-based program serving approximately 2,770 Public Housing Agencies nationwide managing nearly one million units, the Capital Fund provides essential resources to maintain safe, adequate living conditions for low-income residents.