- Modernization Department
Capital Improvements & Modernization
Our Modernization Department administers the Capital Fund Program for our Federal Public Housing Sites. This includes both Capital Funding for Modernization and Replacement Housing Funds for acquisition and rehab of existing units or new construction associated with People First’s new affordable housing development activities. This department’s work is two-fold: it assists site managers with their capital improvements, and it works on portfolio-wide capital improvement planning for our Federal, State, and Mixed Finance sites. The department team is also responsible for conservation work.
In addition, the department handles upgrades to our State Senior High Rise building, Chancellor Apartments, which provides public housing for seniors. Funding for State Modernization comes from State Public Housing Modernization Grants and Replacement Reserves.
Capital Fund Program
HUD provides annual Capital Funds to People First for the development, financing, and modernization of affordable housing developments and for management improvements. People First plans our physical improvement and management improvements using a 5-year planning tool and submits annual updates regarding our annual PHA Plan.
The Capital Fund Program (CFP) pays for large capital improvements such as construction of new low income housing units, fencing, sidewalks, doors, floors, kitchens, roofs, lighting, elevator renovations, windows, new appliances, and, in addition, provides funding for security and management improvements. The CFP is formula-funded, which means that HUD provides the funds to the housing authority based on the number of units that are available for occupancy.