Federal grant programs / Department of Housing and Urban Development

Public Housing Capital Fund (14.872)

Also known as (CFP)

• Awarded, FY 2021 to 2025$16 billion
• Grant awards14,524
• Typical award$252,272
• Awarded in FY 2025$3.2 billion
• Size rank37 of 1824
• Type of assistanceFormula grants

Key findings

• Annual funding rose from $2.9 billion in fiscal 2021 to $3.2 billion in fiscal 2025.
• It is the 37th largest of 1,824 federal grant programs by five-year awards.
• The 20 largest recipients received 42% of the money.
• Awards went to recipients in 54 states and territories.

What the program funds

The Public Housing Capital Fund provides funds annually to Public Housing Agencies (PHAs) for capital and management activities, including modernization and development of public housing. The Public Housing Capital fund also permits PHAs to use Capital Funds for financing activities, including payments of debt service and customary financing costs, in standard PHA developments and in mixed-finance developments which include Public Housing. The Public Housing Capital Funds are intended to serve low-income residents.

From the federal Assistance Listing. Read the full listing on SAM.gov.

Open opportunities

No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year, so the funding history below shows what to expect.

Rules from the program listing

Who can apply

The PHA must demonstrate that it has the legal authority to develop, own, modernize and operate a public housing development in accordance with United States Housing Act of 1937.

What the money can and cannot pay for

The funds may be used for the development, financing and modernization of public housing developments and for management improvements. The funds may not be used for luxury improvements, direct social services, costs funded by other programs, and ineligible activities as determined by HUD on a case-by-case basis.?Assistance must be used to modernize and/or develop public housing and must comply with the eligible activities of Section 9(d) of the U.S. Housing Act of 1937.;

Matching requirements

This program has no statutory formula. Matching requirements are not applicable to this assistance listing. MOE requirements are not applicable to this assistance listing.

Deadlines

Contact the headquarters or regional location, as appropriate for application deadlines Contact the headquarters or regional location, as appropriate for application deadlines. Public Housing Capital Funds are specifically for Public Housing Agencies (PHAs). In general, Capital Fund formula grant awards are announced 60 days after annual consolidated appropriations bill enactment.

Award range and average, in the agency's words

FY23 $3,621 to $754,241,166; Average $1,145,087 FY24 $3,361 to $732,322,335; Average $1,154,182

Quoted from the program's federal Assistance Listing. The notice of funding opportunity is the official source for each competition's rules.

Who usually wins

By state

Each state below has its own page for this program, with its recipients and yearly totals.

Award amounts are federal obligations reported to USAspending.gov for fiscal 2021 to 2025; see how our data works.