The Department of Housing and Urban Development's Public Housing Operating Fund (CFDA 14.850) awarded a $128,260 formula grant to the Housing Authority of the County of Lake, IL on January 1, 2025. The grant provides operating subsidies to the housing authority to fund the day-to-day operational expenses of its public housing projects, including management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. This funding supports the housing authority's efforts to maintain high occupancy rates, improve resident quality of life, and promote fair housing practices across its portfolio of 1,590,321 public housing residents in 902,436 households, with a focus on serving elderly and family populations. The grant has a performance period from January 1, 2025 to December 31, 2031.
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