Formula Grant M25SG170100
- Federal Grant Award Summary The Illinois Housing Development Authority (IHDA) received a $6.65 million Housing Trust Fund (CFDA 14.275) formula grant from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development, awarded on January 28, 2026. This seven-year grant, with a completion date of January 28, 2033, provides funding for the production, preservation, and rehabilitation of affordable rental housing targeting extremely low-income...
- Federal Grant Award Summary Idaho Housing and Finance Association (IHFA) received a $5.2 million formula grant award from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239), effective September 23, 2025, with a completion date of September 30, 2034. This award enables IHFA to expand affordable housing supply and services for low- and very low-income Idahoans through a range...
- The City of Chicago received a $17.66 million formula grant award from the Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, under the Home Investment Partnerships Program (CFDA 14.239) effective September 22, 2025, with a completion date of September 30, 2034. This award supports the development and expansion of affordable housing solutions for low- and very low-income residents through activities including rehabilitation of...
- HOME Investment Partnerships Program Award Summary The Indiana Housing and Community Development Authority (IHCDA) received $13.58 million in formula grant funding from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the HOME Investment Partnerships Program (CFDA 14.239) on September 18, 2025. This award, obligated through September 30, 2034, supports the expansion of affordable housing for low- and very low-income...
- Federal Grant Award Summary Madison County Community Development received $808,812.08 in formula grant funding from the U.S. Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, under the Home Investment Partnerships Program (CFDA 14.239), awarded on September 22, 2025, with a completion date of September 30, 2034. This award supports the expansion of affordable housing supply for low- and very low-income households in Madison County,...
- Federal Grant Award Summary The City of Decatur received a Formula Grant award of $359,437.89 from the U.S. Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, under the Home Investment Partnerships Program (CFDA 14.239). The award was obligated on December 5, 2025, with a completion date of September 30, 2034. The grant funds affordable housing activities designed to expand the supply of housing for low- and very low-income residents,...
- Federal Grant Award Summary The City of Rockford received $961,680.65 in formula grant funding awarded on January 28, 2026, under the Home Investment Partnerships Program (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. This award supports the expansion of affordable housing supply for low- and very low-income residents through a range of housing development and assistance activities. The grant funds...
- Federal Grant Award Summary Lake County Community Economic Development Department received a $638,512.79 formula grant award dated September 15, 2025, under the Home Investment Partnerships Program (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. The award extends through September 30, 2034, and funds affordable housing activities serving low- and very low-income households in Lake County, Indiana....
- Federal Grant Award Summary The County of Lake Illinois received a formula grant award of $1,463,748.56 from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239), effective September 16, 2025, with a completion date of September 30, 2034. This award funds the expansion of affordable housing supply for low- and very low-income households in Lake County, Illinois. Under this...
- Summary of Federal Grant Award The City of Evanston received a $309,221.66 formula grant award from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239) on September 22, 2025. This funding supports the development and preservation of affordable housing through activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction...
The Illinois Housing Development Authority (IHDA) received a $15.7 million formula grant award from the U.S. Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, under the Home Investment Partnerships Program (CFDA 14.239) on January 28, 2026. This award, obligated through September 30, 2034, will support IHDA's implementation of affordable housing initiatives across Illinois, including rental housing acquisition, construction, and rehabilitation; homeownership assistance programs; and tenant-based rental assistance. As the designated state housing finance agency, IHDA serves as a critical intermediary coordinating with local housing authorities, nonprofit organizations, and private developers to deploy these funds in support of low-income and very low-income households at or below 80% of area median income. The HOME Investment Partnerships Program funds will enable IHDA to expand the supply of affordable rental and owner-occupied housing while strengthening the state's capacity to design and implement comprehensive housing strategies. Award recipients are required to maintain records documenting program compliance and affordability requirements, with assisted housing remaining affordable to low-income households for five to twenty years depending on the activity type. IHDA must submit annual action plans to HUD detailing fund deployment and comply with applicable federal regulations under 24 CFR Part 91 to maintain eligibility for formula allocations under this program.Summary of Federal Formula Grant Award
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $5.4k | 1/29/26 | ||
| Not listed | $15.6m | 1/28/26 | ||
| Not listed | $35.7k | 1/28/26 |