The Olney Housing Authority received a $281,536 Formula Grant award under the U.S. Department of Housing and Urban Development's (HUD) Public Housing Operating Fund (CFDA 14.850) program. This grant supports the day-to-day operational expenses of the housing authority's public housing projects, which serve approximately 1,000 low-income residents, including families, elderly individuals, and persons with disabilities. The funding enables the housing authority to carry out core activities such as property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. This grant award is part of a multi-year program administered by HUD's Public and Indian Housing Office, with a performance period from January 1, 2025 to December 31, 2031. The goal of the program is to help housing authorities maintain high occupancy rates, improve resident quality of life, and promote fair housing practices.
Generated 4/1/25, 4:49 AM