The award is a $799,586 Formula Grant from the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) program. The grant funds the day-to-day operational expenses of public housing projects managed by the Housing Authority of the City of Bridgeport, doing business as Park City Communities. The funds support activities such as property management, routine and preventative maintenance, anti-crime and security measures, energy cost management, resident supportive services, and administrative expenses. This operating subsidy helps maintain the public housing units and ensure the provision of decent, safe, and affordable housing to eligible low-income families, elderly individuals, and persons with disabilities in Bridgeport, Connecticut. The grant has a performance period from January 1, 2025 to December 31, 2031.
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