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Public Housing Capital Fund

Program Information

Popular name

(CFP)

Program Number

14.872

Program objective

The Capital Fund provides funds annually to Public Housing Agencies (PHAs) for capital and management activities, including modernization and development of public housing. The 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.

Program expenditures, by FY (2023 - 2025)

This chart shows obligations for the program by fiscal year. All data for this chart was provided by the administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.

For more information on each of these data sources, please see the About the data page.

Additional program information

  1. 2016

    The Department will make available $1.54 billion to approximately 3,100 grantees for modernization, improvement, and new development to Public Housing projects. The Department made available approximatley $1.54 billion to approximately 3,100 grantees for modernization, improvement, and new development to Public Housing projects.

  2. 2017

    The Department will make available $1.1 million to approximately 3,100 grantees for modernization, improvement, and new development to Public Housing projects.

  3. 2018

    The Department will make available $1.1 million to approximately 3,100 grantees for modernization, improvement, and new development to Public Housing projects.

  4. 2019

    HUD provided $2.6 billion to grantees for modernization, improvement, and new development to Public Housing projects.

  5. 2020

    The Department has made $2.7 billion available to approximately 2,900 grantees for modernization, improvement, and new development to Public Housing projects.

  6. 2024

    The Department provided $3.18 billion to approximately 2,756 grantees for modernization, improvement, and new development to Public Housing projects.

  7. 2025

    The Department is projecting to provide $3.2 billion available to approximately 2,756 grantees for modernization, improvement, and new development to Public Housing projects.

Single Audit Applies (2 CFR Part 200 Subpart F):

For additional information on single audit requirements for this program, review the current Compliance Supplement.

OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.

24 CFR Part 905.