The New York City Housing Authority (NYCHA) received a $1,477,716 Formula Grant award under the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund program (CFDA 14.850). This award will support the operation and maintenance of NYCHA's public housing units to provide decent, safe, and affordable housing for eligible low-income families, the elderly, and persons with disabilities in New York City. Funds from this award will be used to cover NYCHA's day-to-day operational expenses, including property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative costs. As the largest public housing authority in North America, NYCHA manages over 176,000 affordable apartments and serves over 400,000 low-income residents across 335 public housing developments. This Formula Grant will enable NYCHA to continue its mission of delivering essential housing and community-focused services to the city's vulnerable populations.
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