The federal Formula Grant award of $121,462 from the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) provides operating subsidies to the Bureau County Housing Authority in Princeton, Illinois. The grant supports day-to-day operational expenses related to the management, maintenance, and administration of the housing authority's public housing projects. Specific activities funded by the grant include routine and preventative property maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative costs associated with program implementation. The grant has an award date of January 1, 2025 and an ultimate completion date of December 31, 2031. The Public Housing Operating Fund program aims to assist housing authorities in providing decent, safe, and affordable housing for eligible low-income families, elderly individuals, and persons with disabilities across the United States.
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