Formula Grant IL01P01850126

The Rock Island Housing Authority received a $668,847 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) 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 Rock Island, Illinois. The Capital Fund formula allocation enables the Housing Authority to execute eligible activities as specified in its approved 5-year action plan, including housing development, modernization of existing units, and financing activities such as debt service payments.

The grant provides financial assistance for essential capital improvements to the Housing Authority's public housing inventory, which may include construction, acquisition of additional units, infrastructure upgrades, energy efficiency enhancements, and emergency repairs. As a formula-based allocation determined by factors such as unit counts, building age, and construction costs rather than competitive application, this award represents the Housing Authority's annual entitlement under the Capital Fund program. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements, with the Housing Authority maintaining accurate budget and cost records subject to HUD and independent auditor review throughout the performance period.