City Of Olean Housing Authority

City Of Olean Housing Authority, a U.S. local government entity and public housing authority headquartered in Olean, New York, receives formula grants from the Department of Housing and Urban Development's Public and Indian Housing Office to operate and modernize its public housing portfolio. The authority acts as a prime recipient (100% of awards) with no contracting or subcontracting activity in the federal procurement system — its federal footprint consists entirely of direct HUD grants for housing operations and capital improvements.

The authority's grant portfolio centers on two recurring HUD programs under CFDA 14.850 (Public Housing Operating Fund) and CFDA 14.872 (Public Housing Capital Fund). Operating Fund grants support day-to-day operational expenses, routine and preventative maintenance, anti-crime and security activities, energy costs, resident supportive services, insurance, debt service, and administrative expenses required under the Housing Act of 1937. Capital Fund grants underwrite public housing modernization, development, management improvements, and infrastructure upgrades including energy efficiency improvements and emergency repairs at Olean's housing inventory. Recent awards include a $1,080,102 Capital Fund grant awarded April 1, 2026 (running through March 31, 2030), two Public Housing Operating Fund grants awarded January 1, 2026 totaling $443,548 (covering performance through December 31, 2032), and a $279,881 Operating Fund grant awarded January 1, 2026. The authority also received a Public Housing Capital Fund award on May 13, 2025 (completing May 12, 2029) and prior-year awards dating to 2022, with performance consistently located in Olean, NY 14760.

The authority's customer concentration is absolute — 97 awards across the entire award population derive from HUD's Public and Indian Housing Office, representing $30.4 million in combined dollars obligated. This concentration reflects the statutory formula-grant structure of the Public Housing Operating and Capital Fund programs, which distribute allocations to approximately 2,770 public housing agencies nationwide serving nearly one million units. Activity has remained consistent at five awards per year across 2022 through 2026, with five awards carrying ultimate completion dates within the next twenty-four months. The authority does not appear in federal contract vehicles, IDIQs, GWACs, or BPAs; it operates exclusively within HUD's formula-grant ecosystem as a direct recipient of public housing operating and capital funds.