The federal Formula Grant award of $144,756 provided to the Housing Authority of Reidsville by the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) program supports the day-to-day operations and maintenance of public housing projects managed by the authority. The funding enables the housing authority to cover essential costs such as property management, routine and preventative maintenance, anti-crime and security activities, energy efficiency measures, resident supportive services, and administrative expenses. This grant, with a performance period from January 1, 2025 to December 31, 2031, is part of a larger $5 billion annual program that assists approximately 6,000 public housing agencies serving over 1.5 million residents nationwide. The Operating Fund grants help housing authorities like the one in Reidsville maintain high occupancy rates, improve resident quality of life, and promote fair housing practices in their communities.
Generated 2/25/25, 4:06 AM