This $147,004 Public Housing Operating Fund (CFDA 14.850) formula grant, awarded by the U.S. Department of Housing and Urban Development's Public and Indian Housing Office, will provide operating subsidies to the Madison Housing & Redevelopment Commission (doing business as Lake View Tower) to fund the day-to-day operational expenses of public housing projects. These funds will support activities such as property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. The grant period runs from January 1, 2025 to December 31, 2031, with the goal of maintaining high occupancy rates, improving resident quality of life, and promoting fair housing practices for low-income families, elderly individuals, and persons with disabilities in the Madison, South Dakota area.
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