Formula Grant WV15P02150126

The City of St Albans Housing Authority received a $255,035 formula grant award 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), effective April 1, 2026 through March 31, 2030. This award supports capital and management activities for public housing serving low-income residents in St Albans, West Virginia. The funding enables the housing authority to undertake modernization projects, infrastructure improvements, energy efficiency upgrades, maintenance activities, emergency repairs, and construction or acquisition of additional public housing units within its inventory.

The Public Housing Capital Fund operates as a formula-based allocation program rather than a competitive grant process, with award amounts calculated annually by HUD based on characteristics of each Public Housing Agency's inventory, including unit counts, building age, and construction costs. Capital Fund grants may only be applied to eligible activities specified in an approved five-year action plan or HUD-approved emergency work, with all expenditures subject to compliance with 2 CFR 200 Uniform Administrative Requirements. The housing authority is responsible for maintaining accurate inventory data in HUD's Information Management System, preparing annual capital fund certifications, and preserving budgets and cost records for HUD and independent auditor review throughout the performance period.