This federal Formula Grant award was provided by the U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Office under the Public Housing Operating Fund (CFDA 14.850) program. The $1,628,724 grant will support the day-to-day operational expenses of public housing units managed by the Housing Authority of the City of Newark (HACN) from January 1, 2025 to December 31, 2031. The funds will cover management and operations, routine and preventative maintenance, anti-crime and security activities, energy costs, resident supportive services, and administrative expenses. This will enable HACN to maintain the occupancy and operating standards of 902,436 public housing units serving 1,590,321 low-income residents, 44% of whom are elderly and 35% have children. The grant aims to provide quality affordable housing, promote resident quality of life, and further fair housing practices.
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