Formula Grant TX11800000125D

This federal Formula Grant award is provided by the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Operating Fund (CFDA 14.850) program. The $139,415 grant awarded to the Caldwell Housing Authority is intended to assist in funding the operating and maintenance expenses of their public housing dwellings, in accordance with Section 9 of the U.S. Housing Act of 1937. The grant supports day-to-day operational activities such as property management, routine and preventative maintenance, anti-crime and security initiatives, energy cost management, resident supportive services, and administrative expenses. This funding helps the housing authority maintain services and provide minimum operating reserves to ensure decent, safe, and affordable housing for approximately 1,590,321 public housing residents in 902,436 households across the United States, with 44% being elderly and 35% having children. The grant has an award date of January 1, 2025 and an ultimate completion date of December 31, 2031.