Formula Grant IL10000000125D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $293K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Mattoon, IL 61938, USA

The U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) awarded a $292,876 formula grant to the Coles County Housing Authority in Mattoon, Illinois. This grant funding will support the day-to-day operational and administrative expenses associated with the authority's public housing portfolio, which serves approximately 1,590 low-income residents across 902 households. Key activities to be performed include property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and other costs necessary to operate and maintain the public housing units. The grant has a period of performance from January 1, 2025 to December 31, 2031, and is part of a broader $5 billion program that provides subsidies to approximately 6,000 housing authorities nationwide. This formula grant funding enables the Coles County Housing Authority to maintain high occupancy rates, implement energy-efficient practices, and enhance residents' quality of life in alignment with HUD's strategic goals.

Generated 4/1/25, 4:06 AM