Formula Grant LA48P00550126

The Housing Authority of the City of Lafayette received a $1,438,654 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 (CFDA 14.872) program, awarded on April 1, 2026, with a completion deadline of March 31, 2030. This funding supports capital and management activities for public housing serving low-income residents throughout Lafayette Parish, Louisiana, including modernization, infrastructure improvements, development of additional housing units, and emergency repairs to existing public housing properties.

The Capital Fund grant enables the Housing Authority to implement eligible activities outlined in its HUD-approved five-year action plan, such as facility upgrades, energy efficiency enhancements, and management improvements to approximately the Authority's public housing inventory. As a formula-based allocation program, the award amount is calculated by HUD using established formulas reflecting the housing authority's public housing characteristics, including unit counts, building age, and construction costs, rather than through a competitive application process. All expenditures must comply with 2 CFR 200 Uniform Administrative Requirements and be documented for HUD review and independent audits.