Federal Grant Award Summary

The Chattanooga Housing Authority received a $4,694,690 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 (CFDA 14.872) program, effective April 1, 2026, through March 31, 2030. This award supports capital and management activities for the Authority's public housing portfolio, including modernization, development, infrastructure improvements, and emergency repairs across the Chattanooga area. The Capital Fund formula allocation is calculated annually based on the characteristics of the Authority's public housing inventory, such as unit counts, building age, and construction costs, rather than through a competitive application process.

The funding enables the Chattanooga Housing Authority to carry out eligible activities as defined in 24 CFR Part 905, which may include construction and acquisition of additional public housing units, modernization of existing units, management improvements, energy efficiency upgrades, and financing activities such as debt service payments. All activities must be specified in an approved five-year action plan or approved by HUD for emergency work or repairs related to non-presidentially declared natural disasters. The Authority must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements while undergoing regular audits of Capital Fund activities in conjunction with its standard PHA operations audit.