Formula Grant NC07400000125D

The U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office awards a Public Housing Operating Fund (CFDA 14.850) Formula Grant to the Lenoir Housing Authority. This $172,406 grant, dated January 1, 2025, provides operating subsidies to support the day-to-day operational and maintenance expenses of the housing authority's public housing projects. The grant funds are used for activities such as property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. This funding helps the housing authority maintain decent, safe, and affordable dwellings for eligible low-income families, the elderly, and persons with disabilities in Lenoir, North Carolina. The grant program aims to sustain high occupancy rates, improve resident quality of life, and promote fair housing practices.