Summary of Federal Formula Grant Award

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded the Palacios Housing Authority $126,769 under the Public Housing Capital Fund (CFDA 14.872) on April 1, 2026, with a completion date of March 31, 2030. This formula grant provides capital and management funding to support modernization, development, and infrastructure improvements to public housing units in Palacios, Texas. The award will fund eligible activities as specified in 24 CFR 905.200, including construction, rehabilitation, emergency repairs, energy efficiency upgrades, code compliance work, and related management enhancements to the authority's public housing inventory serving low-income residents.

The Public Housing Capital Fund operates as a formula-based allocation program administered to approximately 2,770 Public Housing Agencies nationwide managing nearly one million units across all 50 states and territories. Award amounts are calculated using established formulas reflecting each PHA's inventory characteristics—such as unit counts, building age, and construction costs—rather than through competitive selection. The Palacios Housing Authority must comply with 2 CFR 200 Uniform Administrative Requirements, maintain accurate inventory data in HUD's Information Management System, and use funds only for activities specified in an approved five-year action plan or HUD-approved emergency work.