2022 Chicago Housing Authority (CHA) Impact Report - Report - Page 49
2023 Financial Summary
$ in millions
CHA Values in Action
Contracting Diversity
Sources
Housing Choice Voucher
$757
Public Housing Subsidies
$163
CHA is committed to contracting with vendors who share our
values for inclusive and equitable contracting opportunities.
CHA strives to be fair, transparent and practical, and to optimize
the use of public funds through purchasing decisions. In 2023,
CHA streamlined its processes and increased requirements for
spending with Minority, Women and Disadvantaged Business
Enterprises (MWDBE) and Section 3 Businesses.
Administrative Fees
$76
Tenant Rent
$47
Capital Fund Grants
$77
Bond Funds & Other Borrowings
$30
$115 Million
Other
$25
Direct spending with MWDBE Businesses
TOTAL SOURCES
$1,175
Uses
Housing Assistance Payments
$656
$72 million
Public Housing Operations & Maintenance
$170
Direct spending with Section 3 Businesses
Administrative
$116
Protective Services
$33
Resident Services
$28
Capital Expenditures /
New Construction Loans
$132
Debt Service
$40
TOTAL USES
$1,175
Source: 2023 unaudited financial report
Sources and Uses include capital expenditures and
use of reserves for development
45%
Of total CHA direct spending in 2023
went to MWDBE Businesses
51%
Of Labor Hours performed
by Section 3 Workers
49
