Formula Grant NM00100000025D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $543K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Albuquerque, NM 87106, USA

The Albuquerque Housing Authority (AHA) was awarded a $543,411 Formula Grant under the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) program. This program provides operating subsidies to local housing authorities to support the day-to-day operational expenses of public housing projects, ensuring the availability of decent, safe, and affordable housing for low-income families, the elderly, and persons with disabilities.

The grant funds will be used by AHA to cover a range of activities related to the management, operation, and maintenance of its public housing units. This includes routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. The award will also support the continued modernization of AHA's information technology platforms to provide real-time data and metrics on its housing portfolio and operations. The grant period runs from January 1, 2025 to December 31, 2031.

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