Formula Grant NY00501086025D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $347K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
New York, NY 10007, USA

The U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Office has awarded a $346,945 Formula Grant under the Public Housing Operating Fund (CFDA 14.850) program to the New York City Housing Authority (NYCHA) for the period of January 1, 2025 to December 31, 2031. This grant provides operating subsidies to NYCHA to assist in funding the day-to-day operational and maintenance expenses of its public housing projects, supporting the provision of decent, safe, and affordable rental housing for eligible low-income families, the elderly, and persons with disabilities in New York City. The funds may be used for activities such as property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. As a sub-awardee, NYCHA has also participated in additional federal grants through the City of New York to support initiatives like COVID-19 recovery, debris removal, and disaster response efforts.

Generated 1/28/25, 7:49 AM