Summary of Federal Formula Grant Award

The Childress Housing Authority received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $240,658.00 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, with a completion deadline of March 31, 2030. This funding supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Childress, Texas. The grant funds eligible activities specified in the Authority's HUD-approved 5-year action plan, including housing unit upgrades, emergency repairs, energy efficiency improvements, and related capital and management costs consistent with 24 CFR Part 905 regulations.

The Public Housing Capital Fund operates as a formula-based allocation program that distributes annual appropriations to approximately 2,770 Public Housing Agencies nationwide managing nearly one million public housing units across all 50 states and territories. Awards are calculated using established formulas reflecting each agency's inventory characteristics, such as unit counts and building age, rather than through competitive application processes. The Childress Housing Authority must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements, with obligation deadline extensions available upon timely request and expenditure activities required to conclude by the March 2030 completion date.