The U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Office awarded a $7,684,770 Formula Grant under the Public Housing Operating Fund (CFDA 14.850) program to the New York City Housing Authority (NYCHA) on January 1, 2025. This grant provides operating subsidies to NYCHA to assist in funding the day-to-day operational and maintenance expenses of their public housing dwellings, serving approximately 1,590,321 residents across 902,436 households.
The grant funds activities such as property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. This funding aims to help NYCHA maintain high occupancy rates, improve resident quality of life, and promote fair housing practices. As the largest public housing authority in North America, NYCHA oversees more than 176,000 affordable apartments and is the parent organization of the New York City Department of Correction, which has also received federal grants to support its correctional services and inmate rehabilitation programs.
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