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.
Department of Housing and Urban Development
The Department of Housing and Urban Development's mission is to increase homeownership, support community development and increase access to affordable housing free from discrimination. HUD fulfills this mission through high ethical standards, management and accountability, and by forming partnerships with community organizations.
Office - Inquiries should be addressed to the Public Housing Director who has jurisdiction over the PHA (See the Catalog, Appendix IV for HUD Field Office addresses).
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