Formula Grant IN01200000325D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $1.1M
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
New Albany, IN 47150, USA

The U.S. Department of Housing and Urban Development's Public Housing Operating Fund (CFDA 14.850) awarded a $1,127,873 formula grant to the Housing Authority of the City of New Albany to support the day-to-day operations and maintenance of public housing projects. The grant funds will be used to cover the administrative, management, and programmatic costs associated with providing affordable housing to eligible low-income residents, including the elderly and persons with disabilities. Key activities include routine and preventative maintenance, energy cost management, resident supportive services, and other operational 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. No sub-award details were provided.

Generated 4/1/25, 5:29 AM