2020 Capital Funds Released

HUD has released FY 2020 Capital Fund Processing Information. The 2020 Appropriations Act provided about $2.87 billion for the Capital Fund, $95 million more than FY 2019 funding. The process for retrieving the 2020 ACC amendments is the same the same as it was 2017. More information and the list of Capital Fund awards by PHA can be found on HUD’s website.

The president’s 2021 budget proposes the elimination of the Capital Fund. The president has proposed eliminating the Capital Fund in previous budgets, but Congress has decided to fund the program at increased funding levels for the past 3 years.