Formula Grant MA01P06750126

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded Lexington Housing Authority Inc. $247,816 under the Public Housing Capital Fund (CFDA 14.872) formula grant, effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities essential to maintaining and improving public housing infrastructure and operations in Lexington, Massachusetts. The Capital Fund allocation enables the Housing Authority to conduct modernization, development, and financing activities for its public housing inventory, ensuring safe and adequate housing conditions for low-income residents, elderly individuals, and persons with disabilities in the community.

As a formula-based allocation program, the Public Housing Capital Fund distributes funds to approximately 2,770 Public Housing Agencies (PHAs) nationwide managing nearly one million units across all 50 states and territories. Eligible uses of the $247,816 award include construction and acquisition of additional public housing units, infrastructure improvements, emergency repairs, energy efficiency upgrades, and debt service payments associated with public housing development and mixed-finance activities. The Lexington Housing Authority must utilize these funds only for activities specified in its approved 5-Year Action Plan or HUD-approved emergency work, and must maintain compliance with 2 CFR 200 Uniform Administrative Requirements and maintain accurate inventory data in HUD's Information Management System.