Federal Grant Award Summary

The King County Housing Authority received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $6.94 million from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities for public housing serving low-income residents throughout King County, Washington. The grant enables the Housing Authority to finance modernization and infrastructure improvements to existing public housing units, develop and acquire additional public housing inventory, implement management improvements, and address emergency repairs or work necessitated by non-presidentially declared natural disasters, all in accordance with approved five-year action plans or HUD-approved emergency work requests.

The Capital Fund allocation is distributed through an established federal formula based on the Housing Authority's public housing inventory characteristics, including unit counts, building age, and construction costs, rather than through competitive application processes. Permissible uses of the capital funds extend to financing activities, including debt service payments and customary financing costs associated with standard and mixed-finance developments. The Housing Authority must maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements, with all expenditures subject to audit requirements in conjunction with the organization's regular HUD or independent public accountant audit.