Formula Grant NC08200000125D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $484K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Ayden, NC 28513, USA

The U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office awarded a $484,307 Formula Grant under the Public Housing Operating Fund program (CFDA 14.850) to the Ayden Housing Authority in Ayden, North Carolina. This grant, awarded on January 1, 2025, will provide operating subsidies to support the day-to-day management, maintenance, and operations of the housing authority's public housing projects through December 31, 2031. The funding is intended to assist the Ayden Housing Authority in delivering decent, safe, and affordable housing to eligible low-income families, elderly individuals, and persons with disabilities. Key activities supported by the grant include 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 HUD's over $5 billion annual Public Housing Operating Fund program, which serves approximately 1.59 million public housing residents across 6,000 housing authorities nationwide.

Generated 3/25/25, 5:25 AM