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5.18.2009

Public Housing Capital Funding Available

Public Housing Capital Funding will be awarded competitively through a Notice of Funding Availability (NOFA) that can be accessed on HUD’s Recovery Act website. HUD will accept applications from public housing authorities from June 1 until July 21, 2009 for the Energy Efficiency funding category and from June 1 until August 18, 2009 for the other three funding categories. HUD will review and award grants to PHAs that effectively address the requirements in the NOFA for the following four funding categories:

Energy Efficiency: $600 million is available for PHAs to create more energy efficient public housing units. Applications are due for this category on July 21, 2009.

Financing Stalled Projects: $200 million is available to allow PHAs to develop or renovate public housing projects stalled due to lack of resources.

Public Housing Transformation: $100 million is available to transform obsolete public housing projects into newly built or renovated developments.

Housing for the Elderly/Persons with Disabilities: $95 million is available to improve public housing units and create community facilities for the delivery of medical and other services to this vulnerable population.

HUD's Public Housing Capital Fund Program provides annual funding to public housing authorities to develop, finance, and/or modernize the public housing in their communities. This funding can be used to make large-scale improvements such as new roofs and for the replacement of plumbing and electrical systems to increase energy efficiency.