Formula Grant TX59P35850126

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded Burnet Housing Authority a Public Housing Capital Fund (CFDA 14.872) formula grant of $118,369.00, effective April 1, 2026, through March 31, 2030. This award supports capital and management activities essential to maintaining and improving the public housing inventory serving low-income residents in Burnet, Texas. Eligible activities funded under this grant include public housing modernization, development, infrastructure improvements, construction, acquisition of additional public housing units, emergency repairs, and management improvements, as specified in the recipient's approved five-year action plan or as approved by HUD for emergency work and disaster-related repairs.

The Burnet Housing Authority administers these capital funds in accordance with 24 CFR Part 905 and 2 CFR 200 Uniform Administrative Requirements. As a formula-based allocation program, the grant amount reflects the characteristics of the PHA's public housing inventory, including unit counts, building age, and construction costs, rather than competitive selection. The funds support the continued delivery of safe, adequate housing and related services to low-income households while enabling the Housing Authority to maintain accurate inventory data and operational records for HUD oversight and independent audits throughout the four-year performance period.