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) Capital Fund Certification Schedule for 2017: The Capital Fund "reporting date" for this round of certifications is 6/30/2016. The Certification deadline will be August 15, 2016. For further information, please refer to the Step-by-Step User Guide (MS-Word)
Reporting Date: 6/30/2016
Certification Open: 7/1/2016
Certification Deadline: 8/15/2016
- (NEW) Capital Fund Guidebook: The Capital Fund Guidebook details the requirements contained under the Public Housing Capital Fund Program Final Rule, including but not limited to: Eligible and Ineligible Activities and Cost Limits; Decoupling of the Capital Fund from the PHA Plan Submission; Replacement Housing Factor Grants (RHF) and Demolition and Disposition Transitional Funding (DDTF); Changes in Obligation and Expenditure End Dates and Close-out Requirements; Emergency, [Non-Presidentially Declared] Natural Disaster, and Safety and Security Grant Program Requirements; Streamlined Mixed-Finance, and other Public Housing Modernization and Development Requirements; Changes to Demonstration Programs such as RAD and MTW; and Capital Fund Rule Impact on Security Interests and Financing Activities.
- 2016 Capital Fund Processing Information: The 2016 Capital Fund ACC Amendments are now available here. Please note that the process for retrieving ACCs is the same as it was in 2015.
- 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.” The Faircloth Limit is adjusted for PHA transfers of ACC units, consolidations, and RAD removals. PHAs will not be funded for those units that exceed the posted Faircloth limit, and PHAs are responsible for reviewing the Faircloth limits and notifying HUD if they believe their posted Faircloth Limit is in error.
PHAs should review the linked National List of Maximum Number of Units Eligible for Capital Funding and Operating Subsidy by PHA (PDF) and notify HUD if they believe their posted Faircloth Limit is in error. To notify HUD of a possible error in the posted Faircloth Limit, PHAs should send an email to PIHOCI@hud.gov with “Faircloth Limit Correction for…” and the PHA code in the subject line.
- 2015 Capital Fund Processing Information: The 2015 Capital Fund ACC Amendments are now available here. Please note that the process for retrieving ACCs is the same as it was in 2014.
- Public Housing Capital Fund Program Final Rule Publication
The Public Housing Capital Fund Program Final Rule was published in the Federal Register October 24, 2013 (Docket No. 5236-F-02) and will be effective on November 25, 2013. This new regulation combines the Capital Fund requirements for modernization and development into a single regulation. It also updates and streamlines many of the Capital Fund and development requirements, incorporates recent energy requirements, and directs more funding towards modernization. This rule along with a new Capital Fund guidebook, which is under development and expected to be available in the Spring, will ensure that the Capital Fund Program is more efficiently and uniformly implemented by PHAs and managed more effectively by the HUD Field Offices.
A copy of the published rule can be found here.
- Reporting Requirement to Collect Energy Efficiency Measures
- 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