Formula Grant TX59P28450126

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded Alpine Housing Authority $130,097 through the Public Housing Capital Fund (CFDA 14.872) formula grant program, effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities for public housing modernization, development, and improvements serving low-income residents in Alpine, Texas. The Capital Fund grant enables Alpine Housing Authority to execute eligible activities that may include infrastructure improvements, emergency repairs, energy efficiency upgrades, development of public housing units, and financing activities such as debt service payments for standard and mixed-finance developments.

As a formula-based allocation program administered by HUD, the Capital Fund distributes resources to approximately 2,770 Public Housing Agencies nationwide based on established formulas reflecting each agency's public housing inventory characteristics, including unit counts, building age, and construction costs. Alpine Housing Authority's allocation reflects its specific inventory profile and serves to enhance the quality and safety of public housing units while maintaining operational capacity. All expenditures must comply with 24 CFR Part 905 eligible activities and either be specified in the agency's approved five-year action plan or approved by HUD for emergency or disaster-related work.