Additional 2020 Capital Funds Distributed

HUD’s Office of Capital Improvements (OCI) has revised almost all FY 2020 Capital Fund Program (CFP) Formula Grants to distribute an additional $16,846,352 in capital funds. The funding is subject to the original FY 2020 Capital Fund Formula Grant obligation start date of 3/26/2020 with an obligation end date of 3/25/23 and an expenditure end date of 3/25/25. HUD’s list of new Capital Fund Awards can be found here.