Formula Grant DE00300000125D

The U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office awarded a $200,491 Formula Grant under the Public Housing Operating Fund program (CFDA 14.850) to the Newark Housing Authority. This grant, with an award date of January 1, 2025 and an ultimate completion date of December 31, 2031, provides operating subsidies to assist the Newark Housing Authority in funding the day-to-day operational and maintenance expenses of their public housing projects. The funding supports activities such as property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. This grant is part of a $5 billion program that provides funding to approximately 6,000 housing authorities serving 1,590,321 public housing residents in 902,436 households across the United States.