Formula Grant IL01P08350126

The Winnebago County Housing Authority received a $698,276 formula grant 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, effective April 1, 2026 through March 31, 2030. This award provides capital and management funding to support modernization, infrastructure improvements, emergency repairs, energy efficiency upgrades, and development activities within the Authority's public housing inventory. The Capital Fund formula allocation is calculated based on established factors reflecting the Authority's public housing characteristics, including unit counts, building age, and construction costs, rather than through a competitive application process.

The Authority will deploy these federal funds to carry out eligible capital activities specified in its approved five-year action plan or approved by HUD for emergency work and non-presidentially declared natural disaster repairs. Permissible uses include public housing development and modernization, management improvements, and financing activities such as debt service payments and customary financing costs. The Authority must maintain accurate inventory data in HUD's Information Management System, comply with the Uniform Administrative Requirements under 2 CFR 200, and sustain budgets and cumulative cost records for HUD and independent auditor review. No sub-award partnerships have been documented in the Authority's federal grant history.