The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded a $135,730 Public Housing Operating Fund (CFDA 14.850) formula grant to the Housing Authority of the City of Englewood, operating as Innovative Housing Concepts. This grant provides operating subsidies to support the day-to-day operational expenses of public housing projects, including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. The grant has a performance period from January 1, 2025 to December 31, 2031 and aims to maintain high occupancy rates, improve resident quality of life, and promote fair housing practices for eligible low-income families, elderly individuals, and persons with disabilities in Englewood, Colorado. The Public Housing Operating Fund is a $5 billion program that provides funding to approximately 6,000 housing authorities serving over 1.59 million public housing residents nationwide.
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