The Department of Housing and Urban Development's Public and Indian Housing Office (CFDA 14.850 Public Housing Operating Fund) has awarded a $6,676,813 Formula Grant to the New York City Housing Authority (NYCHA). This grant, effective January 1, 2025 through December 31, 2031, provides operating subsidies to fund the day-to-day operational expenses of NYCHA's public housing projects. The grant supports a range of activities, including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. These funds help NYCHA, the largest public housing authority in North America, maintain affordable housing and provide essential services to over 400,000 low-income residents across 335 public housing developments in New York City.
Generated 4/1/25, 5:15 AM