The U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Office awarded a $162,948 Formula Grant under the Public Housing Operating Fund program (CFDA 14.850) to the Housing Authority City of Searcy, a local government housing authority. This grant funding supports the operation and maintenance of low-income public housing projects managed by the Housing Authority. Eligible activities include day-to-day operational expenses, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative costs associated with administering the public housing program. The grant has a performance period from January 1, 2025 to December 31, 2031. As a Formula Grant, the funding amount is calculated based on a formula that considers factors such as the number of public housing units and operational expenses. The goal of this program is to help housing authorities like the Housing Authority City of Searcy maintain decent, safe, and affordable housing for eligible low-income families, elderly individuals, and persons with disabilities.
Generated 4/1/25, 3:06 AM