The Morehead Housing Authority received a $108,414 Formula Grant under the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) program. This grant, effective January 1, 2025, provides operating subsidies to the housing authority to assist in funding the day-to-day operational and maintenance expenses of their public housing units. The funds support 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 Public Housing Operating Fund is a $5 billion program that provides funding to approximately 6,000 housing authorities serving 1.59 million public housing residents across the United States. The program aims to help maintain high occupancy rates, improve resident quality of life, and promote fair housing practices.
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