Federal Formula Grant Award Summary

The U.S. Department of Housing and Urban Development (HUD), through its Public and Indian Housing Office, awarded the Aurora Housing Authority a Public Housing Capital Fund (CFDA 14.872) formula grant of $2,152,293 effective April 1, 2026, with a completion deadline of March 31, 2030. This award supports capital and management activities for public housing serving low-income residents in Aurora, Illinois. The funded activities include public housing modernization, infrastructure improvements, development of additional public housing units, emergency repairs, energy efficiency upgrades, and financing activities such as debt service payments and customary financing costs for public and mixed-finance housing developments.

The Public Housing Capital Fund operates as a formula-based allocation program serving approximately 2,770 Public Housing Agencies (PHAs) nationwide that manage nearly one million public housing units across all 50 states and territories. Awards are calculated annually by HUD using established formulas reflecting each PHA's inventory characteristics—such as unit counts, building age, and construction costs—rather than through competitive application processes. Recipients must comply with 2 CFR 200 Uniform Administrative Requirements, maintain accurate inventory data in HUD's Information Management System, and submit annual Capital Fund certifications to maintain eligibility for ongoing funding.