Formula Grant NC03400000125D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $305K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Shelby, NC, USA

The City of Shelby received a $305,336 Formula Grant award under 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 housing authorities to fund the day-to-day management, operations, and maintenance of public housing projects, helping to maintain decent, safe, and affordable housing for eligible low-income residents.

The awarded funds will be used by the City of Shelby to cover a range of activities required for operating and maintaining public housing units, including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. This award has a performance period from January 1, 2025 to December 31, 2031 and is part of the $5 billion Public Housing Operating Fund program that serves approximately 1.59 million public housing residents across 6,000 housing authorities nationwide.

Generated 4/1/25, 3:24 AM