The public housing operating fund (PH opfund) provides operating subsidies to housing authorities (has) to assist in funding the operating and maintenance expenses of their dwellings, in accordance…
Active Formula Grant Awarded
- Award ID
- NJ014101ISF25D
- Recipient
-
Atlantic City Housing Authority & Urban Redevelopment Agency UEI WV93WZKKFA56
- Awarding agency
-
Public and Indian Housing Office
Department of Housing and Urban Development
- Obligated
- $6,845,291
Award facts
- Assistance listing
- 14.850 Public Housing Operating Fund
- Completion date 14% complete
- Place of performance
- Atlantic City, NJ 08401, USA
Award details come from USAspending.gov.
About this award
The Department of Housing and Urban Development Public and Indian Housing Office awarded the Atlantic City Housing Authority & Urban Redevelopment Agency $6,845,291 under the Public Housing Operating Fund (CFDA 14.850) on April 20, 2026, for day-to-day operational and maintenance expenses of public housing serving low-income residents.
Operating funds support management and operations, routine and preventative maintenance, anti-crime and security activities, energy costs, resident supportive services, insurance, debt service, and administrative program implementation for public housing units. The recipient PHAs also utilize web-based platforms providing real-time data on funding levels, occupancy rates, and families served to support portfolio management.
The award obligates $6,845,291 with an ultimate completion date of December 31, 2029. Place of performance is Atlantic City, NJ 08401. The Public Housing Operating Fund is a formula grant program under section 9 of the U.S. Housing Act of 1937, designed to provide operating subsidies to housing authorities to assist in funding operating and maintenance expenses while maintaining services and providing minimum operating reserves. The program serves approximately 1,590,321 public housing residents nationally across 902,436 households, with 44 percent elderly and 35 percent of residents living with children.
Description
- Activities
- Operating funds are used to fund day-to-day operational expenses associated with public housing as well as the administrative and program implementation expenses that public housing agencies (phas) are required to undertake under the 1937 housing act and program regulations. Such activities include management and operations, routine and preventative maintenance, anti-crime, anti-drug and security activities, operating costs for privately owned public housing units within mixed-finance projects, energy costs, resident supportive services, insurance, debt service and costs associated with administration and program implementation. Turnkey III projects are funded for units under the final lease purchase agreement for closing out the program. To support these activities, there is continued modernization of the information technology platforms. Phas have access to web-based platforms that utilize real-time data to provide insight into their portfolios. Phas can obtain metrics on their funding levels, occupancy rates, and the number of families served through rental assistance.
- Expected outcomes
- As a result of the activities performed, this program is expected to assist in funding the operating and maintenance expenses. This may include increased occupancy in public housing, decreased energy costs through regular maintenance and energy performance contracting and leverage federal resources. In addition to addressing the department's strategic goals of: • addressing the need for quality affordable rental homes by maintaining or improving upon the 96% occupancy rate of habitable units; • promoting housing as a platform to improve quality of life through supportive services, crime prevention efforts and resident engagement activities; and • helping to build inclusive communities free from discrimination by facilitating the implementation of affirmatively furthering fair housing measures.
- Intended beneficiaries
- The operating fund provides for the operation and maintenance of low-income housing projects to phas/projects. IT was created to assist housing authorities in providing decent and safe rental housing for eligible low-income families or individuals, the elderly, and persons with disabilities. A HA determines eligibility based on 1) annual gross income; 2) a person on who is elderly, a person with a disability, or as a family; and 3) U.S. Citizenship or eligible immigration status.
- Subrecipient activities
- The subrecipient activities are unknown at the time of award.
Quick answers
Who received award NJ014101ISF25D?
NJ014101ISF25D was awarded to Atlantic City Housing Authority & Urban Redevelopment Agency by Public and Indian Housing Office (Department of Housing and Urban Development) on April 20, 2026.
How much is award NJ014101ISF25D worth?
$6,845,291 has been obligated on NJ014101ISF25D.
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