Formula Grant TX59P20850126

The Housing Authority of the City of Pleasanton received a $183,616 formula grant award from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872). The award, effective April 1, 2026, through March 31, 2030, supports capital and management activities for public housing serving low-income residents in Pleasanton, Texas. Funds may be allocated toward eligible activities including public housing modernization, development, infrastructure improvements, energy efficiency upgrades, emergency repairs, and financing activities such as debt service payments, as specified in the Housing Authority's approved 5-year action plan or HUD-approved emergency work.

The Public Housing Capital Fund operates as a formula-based allocation program distributing annual grants 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 agency's public housing inventory characteristics—such as unit counts, building age, and construction costs—rather than through competitive application processes. The Housing Authority must maintain compliance with 2 CFR 200 Uniform Administrative Requirements and ensure accurate inventory data in HUD's Information Management System to support ongoing eligibility and fund utilization.