Summary of Federal Formula Grant Award

The Ford County Housing Authority received a formula-based grant award of $191,147.00 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. The award, effective April 1, 2026 through March 31, 2030, provides capital funding to support public housing modernization, development, and management improvements in Gibson City, Illinois. The Capital Fund operates as a formula-based allocation program that distributes annual grants to approximately 2,770 Public Housing Agencies nationwide, serving nearly one million public housing units across all 50 states and territories.

Under this award, Ford County Housing Authority will utilize the capital funds for eligible activities including public housing infrastructure improvements, facility modernization, energy efficiency upgrades, development and acquisition of additional public housing units, and management enhancements as specified in the agency's approved 5-year action plan and in accordance with 24 CFR Part 905. The funding enables the authority to maintain safe, decent housing for low-income residents throughout Ford County while ensuring compliance with the U.S. Housing Act of 1937 and supporting critical infrastructure improvements across its public housing portfolio.