Formula Grant NC19P04750125

Award Date 5/13/25
Completion Date 5/12/29
Dollars Obligated $179K
Federal Grant Program
14.872
Assistance Type
Formula Grant
Place of Performance
Fairmont, NC 28340, USA
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This Federal Formula Grant award is from the U.S. Department of Housing and Urban Development's (HUD) Public Housing Capital Fund (CFDA 14.872) program. The $179,437 grant provides funding to the Fairmont Housing Authority, a local government housing agency, to support capital and management activities for public housing units in Fairmont, North Carolina.

The primary products and services to be delivered through this award include public housing modernization, development, and financing activities. This encompasses physical improvements to housing structures, management enhancements, and implementation of initiatives to maintain decent, safe, and sanitary living conditions for nearly 1 million public housing residents nationwide. The funding period for this award is from May 13, 2025 to May 12, 2029. The Fairmont Housing Authority will be the sole recipient of these grant funds and does not intend to make sub-awards.

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