Public Housing Capital Repair Fund Act

Authorization of appropriations— There is authorized to be appropriated $5,000,000,000, for each of fiscal years 2018 through 2020, for the Public Housing Capital Fund Program under section 9(d) of the United States Housing Act of 1937 (42 U.S.C. 1437g).

Allocation and use— Of any amounts appropriated pursuant to this section for each fiscal year, $600,000,000 shall be allocated by the Secretary of Housing and Urban Development for grants to public housing agencies for capital repairs that reduce health hazards in dwelling units, including mold hazards, lead-based paint hazards, and other health hazards as identified by the Secretary. The Secretary shall make such grants to address the unmet capital needs of large, mid-size, and small public housing agencies. Funds from such grants may be used only for eligible capital activities under such section 9(d).