The Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) provides a $569,983 formula grant award to the Housing Authority of the City of Newark (HACN) to support the operation and maintenance of public housing units in Newark, New Jersey. The funding enables HACN to carry out day-to-day management and operations, routine and preventative maintenance, anti-crime and security activities, energy cost management, and resident supportive services for the approximately 1,590,321 public housing residents it serves across 902,436 households. This award, effective January 1, 2025 through December 31, 2031, is part of a $5 billion program that assists nearly 6,000 housing authorities nationwide in maintaining affordable, decent, and safe public housing for eligible low-income families, elderly individuals, and persons with disabilities. The Operating Fund grant helps HACN sustain high occupancy rates, implement crime prevention efforts, and provide comprehensive support services to improve residents' quality of life and economic opportunities.
Generated 3/4/25, 7:30 AM