Federal Grant Award Summary

The Housing Authority of the City of Odessa received $228,931 in formula grant funding from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) program, with an award date of April 1, 2026, and a completion date of March 31, 2030. This formula-based allocation supports capital and management activities for public housing in Odessa, Texas, including modernization, infrastructure improvements, energy efficiency upgrades, emergency repairs, and development of public housing units within the Housing Authority's inventory. The Capital Fund operates as a non-competitive program with awards calculated annually based on established formulas reflecting each Public Housing Agency's inventory characteristics such as unit counts, building age, and construction costs.

The funded activities are restricted to eligible capital improvements as defined in 24 CFR 905.200, with expenditures guided by the Housing Authority's approved 5-year action plan or HUD-approved emergency work requests. Permissible uses include construction and acquisition of additional public housing units, rehabilitation and modernization of existing units, financing activities including debt service payments, and related management improvements. All capital funds must be obligated and expended in accordance with the award period timeline and are subject to 2 CFR 200 Uniform Administrative Requirements and HUD audit requirements.