Summary of Federal Formula Grant Award

The Atlantic City Housing Authority & Urban Redevelopment Agency received a $2.78 million formula grant award on April 20, 2026, from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Operating Fund (CFDA 14.850) program. This award, obligated through December 31, 2029, provides operating subsidies to support day-to-day operational and maintenance expenses for public housing units serving low-income residents in Atlantic City, New Jersey.

The funding supports essential housing operations including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, insurance, debt service, and administrative program implementation costs. As part of a national $5 billion program serving approximately 902,436 public housing households across 6,000 housing authorities, this award enables the Atlantic City Housing Authority to maintain adequate operational capacity and preserve affordable housing infrastructure for vulnerable populations, including elderly residents and families with children in the Atlantic City area.