The public housing capital fund program (CFP) was created by an amendment to the 1937 act by the quality housing and work responsibility act (QHWRA) in 1998 (adding section 9(D) to the 1937 act…

The Department of Housing and Urban Development Public and Indian Housing Office awarded Tulia Housing Authority $152,722 on April 1, 2026, under the Public Housing Capital Fund program (CFDA 14.872), a formula grant funding public housing modernization, development, management improvements, and eligible capital activities through March 31, 2030.

Tulia Housing Authority uses Capital Fund grants to carry out physical improvements to its public housing inventory serving low-income residents in Tulia, Texas. Eligible activities include development (construction and acquisition of units), modernization, structural improvements, energy efficiency upgrades, routine and non-routine maintenance, code compliance work, and management improvements, all specified in approved five-year action plans or approved by HUD for emergency or disaster-related work.

The Public Housing Capital Fund distributes annually to approximately 2,770 public housing agencies across all 50 states and territories, serving nearly one million units. The program was established by the Quality Housing and Work Responsibility Act in 1998, merging prior modernization and development programs. HUD calculates allocations using a formula based largely on characteristics of each agency's public housing inventory. Public Housing Agencies maintain inventory data in the Information Management System and submit annual certifications; there is no separate application process. Capital Fund formula awards are announced within 60 days of annual appropriations enactment. Obligation deadlines may be extended upon timely request; expenditure deadlines cannot be extended. The program is subject to 2 CFR 200 audit requirements and is audited in conjunction with regular PHA operations audits.

Activities

The phas receive federal funds from the U.S. Department of housing and urban development (HUD) to administer the public housing fund. Public housing capital funds may only be used for activities that are described as eligible activities in 24 CFR 905.200 and are either specified in an approved 5-year action plan or approved by HUD for emergency work or work needed because of a non-presidentially declared natural disaster. Public housing development, modernization, and financing are the major activities to be performed. Development is activities and related costs that add to (or significantly reconfigure) public housing units in a PHA's inventory, including construction and acquisition of additional public housing units, with or without rehabilitation, and any-and-all undertakings necessary for planning, design, financing, land acquisition, demolition, construction, or equipment of public housing units, and related buildings, facilities, and/or appurtenances (i.e., non-dwelling facilities/spaces). Development also includes any mixed-finance modernization, all relevant modernization uses (other than management improvements), financing uses, and development of non-dwelling space where such space is needed to administer, and is of direct benefit to a public housing project (i.e. housing developed, acquired, or assisted by a PHA under the 1937 act, and the improvement of any such housing), including the residents. Financing debt and financing costs (e.g., origination fees, interest) incurred by a PHA for development or modernization of public housing projects, including mixed-finance development, the capital fund financing program (CFFP), and any other use authorized under section 30 of the 1937 act. Modernization includes all eligible activities except for development and financing. Physical work is a major activity and is work that is done on the physical structures, site, and grounds of a public housing property or structure. Major physical activities include demolition, reconfiguration, emergency activities, energy efficiency, non-routine maintenance, planned code compliance, and vacancy reduction. The measurable outcome of this grant is that HUD will be able to track the amount of dollars spent on improvements to the structures, units, common areas, utilities, and other eligible activities.

Expected outcomes

The expected outcomes for public housing capital funds of approximately $3.2 billion will be put into the development, modernization, and financing of nearly 1 million public housing units across all 50 states and territories. The public housing units are updated to be decent, safe, sanitary and to comply with federal housing standards. Phas can also use a portion of the capital funding for management improvements or operating activities including safety and security costs.

Intended beneficiaries

The intended beneficiaries for public housing capital funds are the low-income public housing residents.

Subrecipient activities

The recipient does not intend to subaward funds.