Formula Grant NY00502086025D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $1.7M
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
New York, NY 10007, USA

The New York City Housing Authority (NYCHA) has been awarded a $1,731,902 Formula Grant under the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) program. This grant will provide operating subsidies to NYCHA to assist in funding the day-to-day operational and maintenance expenses of its public housing dwellings, serving approximately 1,590,321 residents across 902,436 households. The grant funds will 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. This funding is intended to help NYCHA maintain services, provide minimum operating reserves, and ensure the provision of decent, safe, and affordable housing for eligible low-income families, elderly individuals, and persons with disabilities in New York City.

Generated 2/25/25, 4:28 AM