Formula Grant FL00700000225D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $651K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Daytona Beach, FL 32114, USA

The Housing Authority of the City of Daytona received a $650,658 Formula Grant award under the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) program. This program provides operating subsidies to housing authorities to assist in funding the operating and maintenance expenses of their public housing dwellings, in accordance with Section 9 of the U.S. Housing Act of 1937. The grant funding 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. The award 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.

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