Formula Grant TX59P35350126

The Housing Authority in Copperas Cove, Texas received a $270,823 formula grant award from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872), effective April 1, 2026 through March 31, 2030. This award supports capital and management activities for public housing modernization, infrastructure improvements, and development initiatives. The funding may be allocated toward eligible activities including physical improvements to existing public housing units, energy efficiency upgrades, emergency repairs, and related financing costs for standard and mixed-finance housing developments.

As a formula-based grant allocation rather than a competitive award, this funding is calculated by HUD using established formulas that reflect the Housing Authority's public housing inventory characteristics, such as unit counts, building age, and construction costs. The grant funds the Authority's efforts to maintain and enhance safe, decent, and affordable housing for low-income residents in its jurisdiction. All activities must comply with applicable regulations under 24 CFR Part 905 and align with the Housing Authority's approved 5-year action plan, with the Authority responsible for maintaining accurate budget records and complying with 2 CFR 200 Uniform Administrative Requirements for federal awards.