Federal Formula Grant Award Summary

The City of Lancaster Housing Authority received a $200,098 formula grant from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund program (CFDA 14.872), effective April 1, 2026 through March 31, 2030. This award supports capital and management activities for public housing, including modernization, development, infrastructure improvements, and emergency repairs to ensure safe and sanitary living conditions for low-income residents in Lancaster, Kentucky.

The Capital Fund allocation enables the Lancaster Housing Authority to implement eligible activities specified in its approved five-year action plan, which may encompass facility modernization, acquisition or construction of additional public housing units, energy efficiency upgrades, and related financing costs such as debt service. As a formula-based allocation, the award amount is calculated by HUD using established formulas reflecting the authority's public housing inventory characteristics, including unit counts and facility age, rather than through a competitive application process. The authority must comply with federal audit requirements under 2 CFR 200 and maintain accurate records and inventory data for HUD review throughout the performance period.