Formula Grant IL01P00250126

The Chicago Housing Authority (CHA) received a $57.86 million formula grant award 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), effective April 1, 2026, through March 31, 2030. This award supports capital and management activities for CHA's public housing portfolio, including modernization, infrastructure improvements, energy efficiency upgrades, development of additional public housing units, and financing activities such as debt service payments for standard and mixed-finance developments. The funding is allocated pursuant to HUD's established formula methodology, which accounts for characteristics of CHA's public housing inventory including unit counts, building age, and construction costs.

The Capital Fund grant enables CHA to execute its approved 5-Year Action Plan and fund emergency or disaster-related capital work across its housing operations serving approximately 1.59 million residents in the Chicago metropolitan area. Eligible activities must comply with 24 CFR Part 905 and are subject to HUD oversight, including maintenance of accurate inventory data in HUD's Information Management System and compliance with 2 CFR 200 Uniform Administrative Requirements. CHA must obligate funds by the established deadline, though extension requests may be submitted prior to expiration, while all expenditures must be completed by the ultimate completion date.