Public Housing Capital Fund Award Summary

The U.S. Department of Housing and Urban Development (HUD), through its Public and Indian Housing Office, awarded $242,916 in formula grant funding to Kirbyville Housing Authority under the Public Housing Capital Fund (CFDA 14.872) program. The award, issued April 1, 2026, with a completion deadline of March 31, 2030, provides capital assistance to support modernization, development, and management improvements to public housing units serving low-income residents in Kirbyville, Texas.

The capital funds may be deployed for eligible activities including public housing development and construction, modernization of existing housing units, financing activities such as debt service and customary financing costs, infrastructure improvements, emergency repairs, and energy efficiency upgrades. All expenditures must align with approved five-year action plans or receive HUD approval for emergency work. As a formula-based allocation program, the Capital Fund distributes resources to approximately 2,770 Public Housing Agencies nationwide managing nearly one million units across all states and territories, with allocations calculated using established formulas reflecting each agency's inventory characteristics such as unit counts, building age, and construction costs. Kirbyville Housing Authority must comply with 2 CFR 200 Uniform Administrative Requirements and maintain accurate public housing inventory data in HUD's Information Management System.