Formula Grant NC00200000725D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $355K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Brentwood, NC 27604, USA

The Department of Housing and Urban Development (HUD) Public and Indian Housing Office awarded the Raleigh Housing Authority a $355,027 Public Housing Operating Fund (CFDA 14.850) formula grant. This grant supports the day-to-day operations and maintenance of the housing authority's low-income public housing units, which serve approximately 902,436 households across the Raleigh metropolitan area. Funds are used for routine and preventative maintenance, anti-crime and security activities, energy cost management, resident supportive services, and administrative expenses. The grant period runs from January 1, 2025 to December 31, 2031, and is part of a $5 billion program that provides operating subsidies to approximately 6,000 housing authorities nationwide. The funding aims to maintain high occupancy rates, improve living conditions, and promote fair housing practices for low-income families, elderly individuals, and persons with disabilities.

Generated 4/1/25, 3:12 AM