Formula Grant LA090202ISF23D

Federal Grant Award Summary: Public Housing Operating Fund

The Housing Authority of the City of Houma received a Formula Grant award of $106,463.00 from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Operating Fund (CFDA 14.850) program, effective February 19, 2026, with a completion date of December 31, 2030. This award provides operating subsidies to support day-to-day operational and maintenance expenses for public housing dwellings in Houma, Louisiana, as authorized under Section 9 of the U.S. Housing Act of 1937.

The funding supports critical operational activities including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, insurance, debt service, and administrative expenses required under the Housing Act of 1937 and program regulations. These resources enable the Housing Authority to maintain adequate services and operating reserves for its portfolio of affordable housing units serving low-income families, elderly residents, and persons with disabilities in the Houma community. The Public Housing Operating Fund is a $5 billion nationwide program serving approximately 6,000 housing authorities and 1.59 million residents across 902,436 households.