Formula Grant NJ00200200225D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $712K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Newark, NJ 07102, USA

The Department of Housing and Urban Development's (HUD) Public and Indian Housing Office awarded a $711,820 Formula Grant under the Public Housing Operating Fund program (CFDA 14.850) to the Housing Authority of the City of Newark (HACN) on January 1, 2025. This grant funding supports the day-to-day operational expenses associated with managing and maintaining HACN's public housing units, which serve approximately 1,590,321 low-income residents across 902,436 households in Newark, New Jersey. Allowable activities under this grant include 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 HACN maintain high occupancy rates, improve resident quality of life, and promote fair housing practices.

Generated 2/25/25, 4:24 AM