Formula Grant NC00200004025D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $113K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Brentwood, NC 27604, USA

The Housing Authority of the City of Raleigh, North Carolina received a $113,034 Formula Grant award from the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) program. This grant provides operating subsidies to assist the housing authority in funding the day-to-day operational and maintenance expenses of its public housing units. The funding 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. This award is part of a $5 billion program that provides funding to approximately 6,000 housing authorities serving over 1.5 million public housing residents nationwide. The grant's performance period runs from January 1, 2025 to December 31, 2031, with the goal of maintaining high occupancy rates, improving resident quality of life, and promoting fair housing practices.

Generated 4/1/25, 3:17 AM