Formula Grant NJ02400000225D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $379K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Phillipsburg, NJ 08865, USA

This is a Formula Grant award from the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) program. The $378,819 grant will provide operating subsidies to the Housing Authority of the Town of Phillipsburg, NJ to assist in funding the day-to-day operational and maintenance expenses of their public housing projects. The funding will support activities such as property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative costs. This award is part of a larger $5 billion program that provides funding to approximately 6,000 housing authorities serving 1.59 million public housing residents. The grant has a performance period from January 1, 2025 to December 31, 2031. The expected outcomes include increased occupancy, decreased energy costs, and improved quality of life for public housing residents in Phillipsburg through the delivery of these comprehensive housing services and operations.

Generated 4/1/25, 3:45 AM