Formula Grant NC05000000125D

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
Wadesboro, NC, USA

The U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Office awarded a $355,270 Public Housing Operating Fund (CFDA 14.850) formula grant to the Wadesboro Housing Authority located in Wadesboro, North Carolina. This grant, with a performance period from January 1, 2025 to December 31, 2031, provides operating subsidies to support the day-to-day operational expenses of the housing authority's public housing projects. The funding is used to cover 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. The goal of the grant is to maintain high occupancy rates, improve resident quality of life, and promote fair housing practices for low-income families, elderly individuals, and persons with disabilities served by the Wadesboro Housing Authority.

Generated 4/1/25, 3:10 AM