Formula Grant SC16P05350126

The City of Easley Housing Authority received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $347,781 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026 through March 31, 2030. This funding supports capital and management activities for public housing units serving low-income families, elderly individuals, and persons with disabilities in Easley, South Carolina. Eligible uses of capital funds include modernization and development of public housing units, infrastructure improvements, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments.

As a formula-based allocation program, the Public Housing Capital Fund distributes resources to approximately 2,770 Public Housing Agencies (PHAs) nationwide managing nearly one million public housing units across all 50 states and territories. Awards are calculated using established formulas reflecting each PHA's inventory characteristics, including unit counts, building age, and construction costs, rather than through competitive application processes. The City of Easley Housing Authority must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements, with expenditure of obligated funds required by the March 31, 2030 completion date.