Formula Grant LA00600000625D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $1.3M
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Monroe, LA 71201, USA
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The federal Formula Grant award, totaling $1,281,491.00, was provided by the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Operating Fund (CFDA 14.850) program. The grant funding supports the day-to-day operational and maintenance expenses of public housing projects managed by the Housing Authority of the City of Monroe Inc, doing business as the Monroe Housing Authority, in Monroe, Louisiana.

Key activities funded under this award include property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. The grant is expected to assist in maintaining or improving upon the 96% occupancy rate of habitable public housing units, promoting quality of life through supportive services and resident engagement, and facilitating the implementation of fair housing measures. The award has a performance period from January 1, 2025 to December 31, 2031.

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