The Department of Housing and Urban Development's Public Housing Operating Fund (CFDA 14.850) awarded a $187,956 formula grant to the Mound Bayou Housing Authority. This grant will support the day-to-day operational expenses of public housing units managed by the authority, enabling them to provide decent, safe, and affordable housing to eligible low-income families, elderly individuals, and persons with disabilities in the Mound Bayou area. Specifically, the grant funds will cover activities such as property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. The grant has a performance period from January 1, 2025 to December 31, 2031. The Public Housing Operating Fund is a $5 billion program that provides subsidies to approximately 6,000 housing authorities nationwide, serving over 1.5 million public housing residents. The Mound Bayou Housing Authority, as a local government entity, is dedicated to maintaining high occupancy rates, improving resident quality of life, and promoting fair housing practices through the administration of this federal grant.
Generated 4/1/25, 3:47 AM