Formula Grant IL01P06050126

The Housing Authority of Gallatin received a $301,688 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 funding supports capital and management activities for public housing serving low-income families, elderly individuals, and persons with disabilities in Gallatin County, Illinois. The Capital Fund enables the Housing Authority to finance modernization, development, maintenance improvements, and infrastructure upgrades to its public housing inventory, as well as emergency repairs and debt service payments associated with public housing operations.

The award represents one of approximately 2,770 formula-based allocations distributed annually by HUD to Public Housing Agencies nationwide. Allocations are calculated using established formulas reflecting each PHA's inventory characteristics—such as unit counts, building age, and construction costs—rather than through competitive application processes. The Housing Authority of Gallatin must utilize the funds only for eligible activities specified in its five-year action plan or approved emergency work, maintain detailed budgeting and cost records for HUD review, and comply with the Uniform Administrative Requirements outlined in 2 CFR 200.