Formula Grant NY28P01650125

Award Date 5/13/25
Completion Date 5/12/29
Dollars Obligated $2M
Federal Grant Program
14.872
Assistance Type
Formula Grant
Place of Performance
Binghamton, NY 13902, USA
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The U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Office awarded the Binghamton Housing Authority a $2,036,455 Public Housing Capital Fund Program (CFDA 14.872) formula grant on May 13, 2025. The grant will fund the development, modernization, and financing of nearly one million public housing units across all 50 states and territories over a 4-year period through May 12, 2029. Key activities include physical improvements to housing structures, common areas, and utilities to ensure public housing units meet federal standards for decent, safe, and sanitary living conditions. The grant will also support management improvements and operating activities, including safety and security costs, to benefit low-income public housing residents in the Binghamton, New York area. The Binghamton Housing Authority, a local government entity, will be the sole recipient of the grant funds and will not subaward any portion to other entities.

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