Summary of Federal Grant Award

The City of Lockport Housing Authority Inc. received a $1,094,363 formula grant award from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872), effective April 1, 2026 through March 31, 2030. This award supports capital and management activities for public housing administered by the Authority in Lockport, New York, including modernization, infrastructure improvements, development of additional housing units, and management enhancements to the existing public housing inventory. The Capital Fund also permits use of grant proceeds for financing activities, including debt service payments and customary financing costs for standard and mixed-finance developments.

The Public Housing Capital Fund is a formula-based program serving approximately 2,770 Public Housing Agencies nationwide that manage nearly one million public housing units across all 50 states and territories. Awards are allocated annually based on established formulas reflecting each PHA's inventory characteristics, such as unit counts, building age, and construction costs, rather than through competitive application processes. The City of Lockport Housing Authority must comply with 2 CFR 200 Uniform Administrative Requirements and maintain accurate inventory data in HUD's Information Management System, with capital funds restricted to eligible activities specified in 24 CFR Part 905 or approved in the Authority's five-year action plan.