Federal Grant Award Summary

Carroll Housing Authority received a $229,922 Public Housing Capital Fund (CFDA 14.872) formula grant award from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, effective April 1, 2026 through March 31, 2030. This funding supports capital and management activities for public housing serving low-income residents in Carroll County, Illinois, including modernization, development, maintenance improvements, and critical infrastructure upgrades to the Authority's housing inventory.

The Capital Fund allocation enables Carroll Housing Authority to implement eligible activities outlined in its HUD-approved 5-year action plan, such as facility modernization, emergency repairs, energy efficiency upgrades, and development of additional public housing units. As a formula-based allocation program, the award amount was calculated by HUD using established formulas reflecting the Authority's public housing inventory characteristics, including unit counts, building age, and construction costs, rather than through a competitive application process. The Authority must obligate and expend funds in accordance with 24 CFR Part 905 and maintain compliance with 2 CFR 200 Uniform Administrative Requirements, with all activities subject to HUD audit requirements.