Federal Grant Award Summary

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded the Peoria Housing Authority a formula grant of $2,308,168 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 public housing modernization, development, and infrastructure improvements serving low-income residents in Peoria, Illinois. Eligible uses of the funding include modernization and rehabilitation of existing public housing units, development and acquisition of additional units, emergency repairs, energy efficiency upgrades, and management improvements as specified in the PHA's approved 5-Year Action Plan or HUD-approved emergency work projects.

The Public Housing Capital Fund operates as a formula-based allocation program rather than a competitive grant, with funding amounts calculated according to established formulas reflecting inventory characteristics such as unit counts, building age, and construction costs. The Peoria Housing Authority, serving nearly one million units through approximately 2,770 PHAs nationwide, will utilize this capital funding to enhance its public housing portfolio and deliver critical affordable housing solutions across Peoria County. Grant administration requires compliance with 2 CFR 200 Uniform Administrative Requirements and maintenance of accurate inventory data in HUD's Information Management System.