The Department of Housing and Urban Development (HUD) has awarded a $282,038 Formula Grant under the Public Housing Operating Fund (CFDA 14.850) program. This grant will provide operating subsidies to the Department of Housing & Urban Development (the awardee) to assist in funding the day-to-day operational and maintenance expenses of public housing projects.
The grant supports 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. These funds will help maintain services, provide minimum operating reserves, and support the Department of Housing & Urban Development in operating and managing approximately 1,590,321 public housing units nationwide, of which 44% house elderly residents and 35% have children. The grant period runs from January 1, 2025 to December 31, 2031.
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