Formula Grant OH007101ISF26D

The Department of Housing and Urban Development Public and Indian Housing Office awarded the Akron Metropolitan Housing Authority $2.732 million on August 3, 2026, under the Public Housing Operating Fund (CFDA 14.850), a formula grant program that provides operating subsidies to housing authorities to fund day-to-day operational expenses of public housing dwellings.

AMHA will use operating funds to support management and operations, routine and preventative maintenance, anti-crime and anti-drug activities, security operations, energy costs, resident supportive services, insurance, debt service, and administrative and program implementation expenses across its public housing portfolio in Akron, Ohio. The program also supports operating costs for privately owned public housing units within mixed-finance projects and Turnkey III projects under final lease purchase agreements. AMHA will maintain access to web-based platforms that provide real-time data on funding levels, occupancy rates, and family service metrics to support portfolio management.

The award obligates $2.732 million with a period of performance through December 31, 2030. Place of performance is Akron, OH 44307. The Public Housing Operating Fund is a $5 billion program nationwide serving approximately 6,000 housing authorities and 1.59 million public housing residents across 902,436 households, with 44 percent elderly residents and 35 percent of residents having children.