Formula Grant TX24P22550126

The Housing Authority of Woodville received a formula grant award of $218,011 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. The award, effective April 1, 2026, through March 31, 2030, supports capital and management activities for public housing in Woodville, Texas. As a formula-based allocation program, the Capital Fund provides financial assistance to approximately 2,770 Public Housing Agencies (PHAs) nationwide to fund modernization, development, equipment acquisition, infrastructure improvements, and related management activities that enhance the safety, quality, and functionality of public housing units serving low-income residents.

The funds may be applied exclusively to eligible activities specified in the PHA's approved 5-year action plan or for HUD-approved emergency repairs and work related to natural disasters, as defined in 24 CFR Part 905. Primary activities performed under this award include public housing development and modernization—encompassing construction, acquisition, and rehabilitation of housing units—as well as financing activities such as debt service payments and customary financing costs associated with standard and mixed-finance developments. The Housing Authority of Woodville must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements throughout the performance period.