Formula Grant TN06000000125D

Award Date 1/1/25
Completion Date 12/31/31
Dollars Obligated $314K
Federal Grant Program
14.850
Assistance Type
Formula Grant
Place of Performance
Newport, TN 37821, USA

The Department of Housing and Urban Development (HUD) Public and Indian Housing Office awarded the Newport Housing Authority a $314,323 Formula Grant under the Public Housing Operating Fund (CFDA 14.850) program. This grant, with a performance period from January 1, 2025 to December 31, 2031, provides operating subsidies to the housing authority to fund the day-to-day operational expenses of their public housing units. Key activities supported by the grant include property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. This funding helps the Newport Housing Authority maintain high occupancy rates, improve resident quality of life, and promote fair housing practices for the approximately 1,590,321 public housing residents served across 902,436 households nationwide.

Generated 3/4/25, 2:51 AM