Formula Grant FL29P01150126

The Housing Authority of Lakeland received a formula grant award of $938,151.00 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, effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents in Lakeland, Florida. The Capital Fund formula allocation is calculated based on the Housing Authority's public housing inventory characteristics, including unit counts, building age, and construction costs, rather than through a competitive application process.

The Housing Authority of Lakeland will utilize these funds for eligible capital activities as defined in 24 CFR Part 905, including public housing development, modernization, management improvements, and infrastructure upgrades. Permissible activities encompass facility repairs, energy efficiency projects, emergency work, and improvements necessitated by natural disasters. All expenditures must be outlined in the Housing Authority's approved five-year action plan or approved separately by HUD. The organization is required to maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR Part 200 Uniform Administrative Requirements governing federal awards.