Formula Grant TX01P12250126

The Omaha Housing Authority received $137,778 in formula grant funding from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872). The award, dated April 1, 2026, with a completion deadline of March 31, 2030, supports capital and management activities for public housing serving low-income residents in Omaha, Texas. Eligible uses of these funds include public housing modernization, development, infrastructure improvements, management enhancements, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments.

As a formula-based allocation rather than a competitive grant, the funding is calculated by HUD according to established formulas reflecting the Omaha Housing Authority's public housing inventory characteristics, including unit count, building age, and construction costs. The capital funds must be obligated in accordance with an approved five-year action plan or approved for emergency work, and all expenditures must comply with 2 CFR 200 Uniform Administrative Requirements. The authority maintains accuracy of its public housing inventory data in HUD's Information Management System and submits annual certifications to retain eligibility for ongoing capital fund allocations.