Formula Grant TN40P01050126

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded the Clarksville Housing Authority a Public Housing Capital Fund (CFDA 14.872) formula grant of $1,954,252 effective April 1, 2026, with a completion deadline of March 31, 2030. This capital funding supports the modernization, development, and financing of public housing units serving low-income residents in Clarksville, Tennessee. The Capital Fund enables eligible activities including infrastructure improvements, emergency repairs, energy efficiency upgrades, debt service payments, and customary financing costs as specified in the authority's approved 5-Year Action Plan or as approved by HUD for emergency or disaster-related work.

The Clarksville Housing Authority, as a public housing agency managing local public housing inventory, utilizes these formula-allocated funds to execute capital and management activities that enhance the quality and operational sustainability of its public housing stock. Formula-based allocation to the authority reflects established metrics including unit counts, building age, and construction costs rather than competitive application processes. The award represents one component of the nationwide Public Housing Capital Fund program, which annually distributes funding to approximately 2,770 public housing agencies managing nearly one million units across all 50 states and territories.