Summary of Federal Grant Award

The Housing Authority of the City of Los Angeles (HACLA) received a $25,027,231 formula grant from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) program. The award, dated April 1, 2026, with an ultimate completion date of March 31, 2030, supports capital and management activities for public housing modernization, development, and infrastructure improvements. These funds enable HACLA to conduct eligible activities including public housing development and acquisition, modernization of existing units, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments for standard and mixed-finance developments serving low-income residents in the Los Angeles metropolitan area.

The Public Housing Capital Fund operates as a formula-based allocation program, with funding amounts calculated annually by HUD based on established formulas reflecting each Public Housing Agency's inventory characteristics, including unit counts, building age, and construction costs. HACLA's allocation supports the organization's ongoing efforts to maintain and improve its diverse portfolio of affordable housing units while delivering comprehensive supportive services to low-income families, elderly individuals, and persons with disabilities throughout Los Angeles. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, and HACLA must maintain accurate capital fund budgets and cumulative cost records for HUD and independent auditor review.