The Department of Housing and Urban Development's Public Housing Operating Fund (CFDA 14.850) has awarded a $2,572,560 Formula Grant to the New York City Housing Authority (NYCHA) to support the operation and maintenance of low-income public housing projects in New York City. This multi-year grant, with a performance period from January 1, 2025 to December 31, 2031, will fund NYCHA's day-to-day operational expenses, including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative costs. As the largest public housing authority in North America, NYCHA will utilize this funding to maintain high occupancy rates, improve resident quality of life, and promote fair housing practices for the over 1.5 million low-income individuals, elderly, and persons with disabilities residing in NYCHA's 902,436 public housing units across 335 developments.
Generated 3/4/25, 4:06 AM