The New York City Housing Authority (NYCHA) has been awarded a $3,691,439 Formula Grant under the Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) program. This grant, with a period of performance from January 1, 2025 to December 31, 2031, provides operating subsidies to NYCHA to assist in funding the day-to-day operational and maintenance expenses of their public housing dwellings. The activities supported by this grant include management and operations, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. 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 New York City. This Formula Grant helps NYCHA maintain service levels, occupancy rates, and improve the quality of life for its tenants.
Generated 3/4/25, 8:25 AM