Formula Grant NC02800000125D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $258K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Benson, NC 27504, USA

The Benson Housing Authority has been awarded a $257,622 Formula Grant under the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund program (CFDA 14.850). This grant will fund the day-to-day operating and maintenance expenses incurred by the housing authority in providing affordable public housing units to low-income residents in Benson, North Carolina.

Key activities supported by this grant include property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. The grant aims to maintain high occupancy rates, improve resident quality of life, and promote fair housing practices. As a Formula Grant, the funding amount is determined based on a set formula rather than a competitive application process. The grant period runs from January 1, 2025 to December 31, 2031, providing multi-year support for the Benson Housing Authority's public housing operations and management.

Generated 3/4/25, 5:58 AM