Formula Grant IL01P05650126

The Housing Authority of the County of Lake, Illinois received a $1,702,644 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 critical capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents throughout Lake County. The Capital Fund allocation enables the housing authority to undertake eligible activities including facility modernization, energy efficiency upgrades, emergency repairs, and development or acquisition of additional public housing units, as specified in the authority's approved five-year action plan or as approved by HUD for emergency or disaster-related work.

As a formula-based allocation distributed to approximately 2,770 Public Housing Agencies (PHAs) nationwide managing nearly one million units, this Capital Fund award is calculated based on the Lake County Housing Authority's public housing inventory characteristics rather than through competitive application. The funding supports the authority's ongoing capital improvement initiatives and management enhancements necessary to maintain decent, safe, and sanitary living conditions. All activities must comply with 2 CFR 200 Uniform Administrative Requirements, with the authority maintaining detailed budgets and cumulative cost records for HUD review and audit purposes throughout the grant period.