Formula Grant IL01P08450126

The Housing Authority of Fulton County received a Public Housing Capital Fund (CFDA 14.872) formula grant award of $1,034,603 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, with an award date of April 1, 2026, and ultimate completion date of March 31, 2030. This funding supports capital and management activities for public housing operations serving low-income residents in Fulton County, Illinois. The Capital Fund grant enables the authority to undertake modernization projects, infrastructure improvements, energy efficiency upgrades, emergency repairs, and development activities that enhance and maintain the quality of public housing units within its inventory.

As a formula-based allocation program, Capital Fund awards are calculated using established formulas that reflect characteristics of each Public Housing Agency's inventory, including unit counts, building age, and construction costs, rather than through competitive application processes. The Fulton County Housing Authority must utilize these funds exclusively for eligible activities specified in its approved 5-Year Action Plan or for HUD-approved emergency or disaster-related work, in compliance with 2 CFR 200 Uniform Administrative Requirements and other applicable regulations governing federal grant administration.