Housing Authority Of City Of Boaz

Housing Authority Of City Of Boaz is a tax-exempt non-profit public housing authority based in Boaz, Alabama, that receives formula grant funding from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office as a prime recipient with no subcontractors, operating exclusively under HUD's Public Housing Operating Fund (CFDA 14.850) and Public Housing Capital Fund (CFDA 14.872) programs.

The Housing Authority operates a single-customer footprint: all 96 awards in the source data derive from HUD's Public and Indian Housing Office. The authority receives recurring annual allocations under both the Operating Fund and Capital Fund programs, which together account for 40.9 million dollars obligated across the award portfolio. Operating Fund grants support day-to-day operational and maintenance expenses for public housing dwellings, including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, insurance, debt service, and administrative program implementation. Capital Fund grants support public housing modernization, development, infrastructure improvements, and management activities serving low-income residents. Recent activity shows consistent annual volume: five awards in each of the years 2022 through 2026. Representative recent awards include a $1,595,028 Public Housing Capital Fund formula grant dated April 1, 2026, running through March 31, 2030; a $193,777 Public Housing Operating Fund award dated January 1, 2026, running through December 31, 2032; and a $174,041 Operating Fund award dated January 1, 2026, with the same completion date. Five awards carry ultimate completion dates within the next twenty-four months and face formula-grant reallocation or renewal in that window. The Housing Authority manages all grant activities directly without sub-recipients, utilizing web-based platforms and real-time data systems to track funding levels, occupancy rates, and families served. This activity pattern reflects the statutory structure of HUD's formula-grant methodology, which distributes capital and operating subsidies to approximately 2,770 public housing agencies nationwide based on inventory characteristics such as unit counts, building age, and construction costs.