This $173,483 federal Formula Grant award from the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund program (CFDA 14.850) provides operating subsidies to the Housing Authority of the County of Lake, IL to assist in funding the operating and maintenance expenses of their public housing dwellings. The funds support a range of day-to-day activities, including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. The award is intended to help the housing authority maintain services, provide minimum operating reserves, and keep public housing units decent, safe, and affordable for eligible low-income families, elderly individuals, and persons with disabilities. The performance period for this award is from January 1, 2025 to December 31, 2031.
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