FY26 Proposed Budget

Revenues: HUD allocations account for approximately 96.5% of ICHA revenue. ICHA is projected to receive $13,204,200 in federal funding through HUD in fiscal year 2026. This is a 6.1% increase from the fiscal year 2025 revised budget primarily due to the expansion of the Housing Choice Voucher programs.

Expenditures: Fiscal year 2026 estimated expenditures are budgeted to increase from the fiscal year 2025 revised expenditures by $1,134,362, or 8.9% which primarily represents an increase in housing voucher payments due to the expansion of the Housing Choice Voucher program.

92.4% of the Housing Authority Fund expenditure budget is to provide rental vouchers to citizens.

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