The Housing Authority of the City of Bridgeport, doing business as Park City Communities, has been awarded a $376,018 Public Housing Operating Fund (CFDA 14.850) grant from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office. This Formula Grant provides operating subsidies to assist the housing authority in funding the day-to-day operational and maintenance expenses of its public housing units, which serve approximately 1.59 million residents nationwide. The grant supports a range of activities including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. This award is part of a $5 billion program that delivers operating subsidies to approximately 6,000 housing authorities across the country to help maintain services and minimum operating reserves for affordable housing. The grant performance period is from January 1, 2025 to December 31, 2031.
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