Formula Grant SC16P03250126

The Housing Authority of Lancaster Inc. received a $559,392 formula grant award 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), effective April 1, 2026, through March 31, 2030. This funding supports capital and management activities for public housing serving low-income residents in Lancaster County, South Carolina, including modernization of existing units, infrastructure improvements, development of additional public housing inventory, and management enhancements. The award funds eligible activities specified in the Housing Authority's approved 5-Year Action Plan or emergency work as approved by HUD, with resources allocated according to the formula-based methodology that considers the agency's public housing inventory characteristics such as unit counts, building age, and construction costs.

As a formula grant recipient, the Housing Authority must utilize these capital funds exclusively for purposes defined in 24 CFR Part 905, including development, modernization, financing costs, and management improvements to its public housing portfolio. The agency is required to maintain accurate inventory data in HUD's Information Management System and comply with 2 CFR 200 Uniform Administrative Requirements, including budget maintenance and cost record documentation for audit purposes. This capital allocation represents one component of the Housing Authority's broader federal funding portfolio, which also includes operational grants and workforce development initiatives supporting affordable housing delivery across the region.