Formula Grant NC09500000125D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $165K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Forest City, NC 28043, USA

The U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) provided a $165,031 formula grant award to the Forest City Housing Authority on January 1, 2025. This grant funding supports the day-to-day operational and maintenance expenses associated with the authority's public housing projects, which serve approximately 1,590,321 residents across 902,436 low-income households. Specifically, the grant covers costs related to property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. The goal of this funding is to help the housing authority maintain high occupancy rates, reduce energy costs, and improve the quality of life for its low-income tenants.

Generated 1/28/25, 9:59 AM