Formula Grant LA48P02750124

This $615,888 Formula Grant award from the U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) program will fund capital improvements and management activities for the Hani NON Profit Housing New Iberia Housing Authority Division in New Iberia, LA. The grant supports activities such as public housing modernization, development, and financing over a 4-year period from May 2024 to May 2028. Key products and services to be delivered include physical upgrades to public housing units, buildings, and infrastructure to ensure decent, safe, and sanitary living conditions for low-income residents. The grant may also cover emergency repairs, energy efficiency improvements, and other management activities needed to effectively operate and maintain the public housing portfolio. Additionally, the awardee has received federal grant sub-awards through the State of Louisiana for hurricane recovery and facility improvement projects, demonstrating its involvement in disaster resilience efforts for public housing.