Formula Grant NY00500044025D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $1.8M
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
New York, NY 10007, USA

The Federal Grant Award ID NY00500044025D provides $1,784,900.00 in funding for the Public Housing Operating Fund (CFDA 14.850) program, administered by the U.S. Department of Housing and Urban Development's Public and Indian Housing Office. The grant supports the operating and maintenance expenses of public housing projects managed by the New York City Housing Authority (NYCHA). Specifically, the funds are used to cover day-to-day operational costs, including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. This multi-year Formula Grant runs from January 1, 2025 to December 31, 2031 and aims to maintain high occupancy rates, improve resident quality of life, and promote fair housing practices for eligible low-income families, elderly individuals, and persons with disabilities in New York City.

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