Formula Grant TN078101ISF26D

The Department of Housing and Urban Development Public and Indian Housing Office awarded the Oliver Springs Housing Authority $412,061 on August 3, 2026, under the Public Housing Operating Fund (CFDA 14.850), a formula grant program.

The Oliver Springs Housing Authority will use operating funds to support day-to-day operational expenses of public housing, including management and operations, routine and preventative maintenance, anti-crime and security activities, energy costs, resident supportive services, insurance, debt service, and administrative and program implementation costs required under the 1937 Housing Act and program regulations. The award also supports modernization of information technology platforms that provide web-based, real-time data access for portfolio metrics including funding levels, occupancy rates, and family counts served.

The recipient is a public housing agency based in Oliver Springs, Tennessee, serving low-income residents in the area. Performance runs through December 31, 2030, with place of performance in Oliver Springs, Tennessee. The Public Housing Operating Fund provides operating subsidies to housing authorities nationwide to assist in funding operating and maintenance expenses for their dwellings in accordance with Section 9 of the U.S. Housing Act of 1937, as amended.