Formula Grant IL01P07450126

The Jersey County Housing Authority received a $357,903 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 units within Jersey County, Illinois, including modernization, development, emergency repairs, energy efficiency upgrades, and infrastructure improvements as specified in HUD-approved five-year action plans.

The Capital Fund allocation enables the Housing Authority to maintain and improve its public housing inventory serving low-income families, elderly individuals, and persons with disabilities. Eligible uses of these federal funds include construction and acquisition activities that add to or reconfigure the agency's housing units, rehabilitation of existing units, financing activities including debt service payments, and management improvements. As a formula-based allocation rather than a competitive grant, the award amount was calculated by HUD using established formulas reflecting the Housing Authority's public housing inventory characteristics, such as unit counts, building age, and construction costs. The Housing Authority must comply with 2 CFR 200 Uniform Administrative Requirements and maintain accurate inventory data in HUD's Information Management System.