The New York City Housing Authority (NYCHA) received a $3,294,459 Formula Grant award under the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) program. This grant provides operating subsidies to NYCHA to assist in funding the operating and maintenance expenses of their public housing dwellings, serving over 1.5 million residents across 902,436 households. The funds support 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. The award has a performance period 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.
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