The PIH Office of Capital Improvements administers the Capital Fund. The Capital Fund provides funds, annually, to Public Housing Agencies (PHAs) 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, cost funded by other HUD programs, and ineligible activities as determined by HUD on a case-by-case basis. Learn more about us ...
- (NEW) Proposal to Consolidate the Capital and Operating Funds
- (NEW) Operating Fund Financing Program Web Guidance
- (NEW) Reporting Requirement to Collect Energy Efficiency Measures
- (NEW) FY 2012 Capital Fund Award letter to the PHA Executive Director
- (NEW) FY 2012 Capital Fund Processing Timeline
- (NEW) 2012 map with the Capital Fund grant amounts and Annual Contributions Contract(s) (ACC)
- (NEW) “Faircloth Limit” Unit Counts - Section 9(g) (3) of the United States Housing Act of 1937("Faircloth Amendment") limits the construction of new public housing units. The Faircloth Amendment states that the Department cannot fund the construction or operation of new public housing units with Capital or Operating Funds if the construction of those units would result in a net increase in the number of units the PHA owned, assisted or operated as of October 1, 1999. This requirement is referred to as the “Faircloth Limit.” PHAs should review the linked (NEW) National List of Maximum Number of Units Eligible for Capital Funding and Operating Subsidy by PHA (PDF). If you do not believe that the number of units listed for your PHA is correct, please send an email to PIH_OCI @hud.gov with “Faircloth Limit Correction for…” and your PHA code in the subject line.
- (NEW) HOPE VI Replacement Unit Counts - The Department is making preparations for calculating the Capital Fund formula for FFY 2012. For PHAs that have HOPE VI Revitalization grants the number of public housing units that a PHA is planning to replace as part of its HOPE VI grant affects the number of removed units that are eligible for Replacement Housing Factor (RHF) funds. PHAs can validate whether the count is correct by reviewing the linked HOPE VI replacement unit counts spreadsheet (MS-Excel). Please note this is the planned number of ACC units to be replaced not the actual units replaced to date.
- If a PHA believes there is an error in the list, it must submit an e-mail explaining the error to PIHOCI@hud.gov and Sue Wilson at Susan.Wilson@hud.gov no later than December 14th, 2011.
- (NEW) PHAS High Performer list for 2012 Capital Fund Calculation: The Department is making preparations for calculating the Capital Fund formula for 2012. As a part of the calculation the Department is using PHAS designations for Federal Fiscal Year 2010 to determine which PHAs will receive the high performer bonus for the 2012 formula calculation. (Note: for PHAs with fiscal year ends of 12/31/09 the 2009 PHAS score is used; for PHAs with fiscal year ends of 3/31/10, 6/30/10 and 9/30/10 the 2010 PHAS score is used). PHAs can validate whether they are on the High Performer list that will be the basis for the formula calculation by reviewing the linked High Performer List for 2012 Capital Fund Calculation spreadsheet (MS-Excel). The spreadsheet lists only PHAs that are designated as high performers in Federal Fiscal Year 2010 (it lists the Housing Authority Code, the Housing Authority Name and the City/State of the housing authority).
If a PHA believes there is an error in the list concerning the calculation of their PHAS score for Federal Fiscal Year 2010, it must submit an e-mail explaining the error to the Real Estate Assessment Center (REAC) at PHAS@hud.gov no later than December 7th, 2011.
- (NEW) 2012 Unit Total Development Cost (TDC) Limits
- Capital Fund Data Certification Schedule for 2012: PHAs are to certify their PIC/IMS data in accordance with PIH Notice 2010-42 for purposes of calculating the Capital Fund formula for 2012 by November 4, 2011. The "effective date" for this round of certifications is 9/30/2011. For further information please refer to the Step-by-Step user guide (MS-Word).
- 2011 Capital Fund Formula PHA Reports
- Capital Fund Program Awards Notice PIH 2011-24 (HA): This notice, issued on May 10, 2011,provides public housing agencies (PHAs) and HUD Field Office staff with an overview of the Capital Fund Program awards process including the Capital Fund Program formula grant and, where applicable, the Replacement Housing Factor (RHF) grants. It provides a description of the process for retrieving and submitting the Capital Fund Annual Contributions Contract(ACC) Amendments as well as other program requirements and procedures related to grant award.
- Education and Training Community Facilities
- Read a successful 2010 CFCF application
- Emergency Safety and Security Funding FAQ as of 7/26/2010