Palladia, Inc.

Palladia, Inc., a tax-exempt nonprofit child entity of Services For The Underserved, Inc. based in New York City, acts as a prime recipient on federal grants delivering permanent supportive housing for persons with disabilities, rapid rehousing, transitional housing, supportive services including case management and rental assistance, and Homeless Management Information Systems administration to homeless populations in the New York metropolitan area. The organization operates exclusively within the federal grant space, concentrating 97% of its activity as a prime recipient on HUD Continuum of Care Program (CFDA 14.267) awards, with supplemental sub-recipient work on substance-use prevention and recovery services grants from the New York State Office of Addiction Services and Supports.

Palladia's customer concentration is singularly focused on HUD's Assistant Secretary for Community Planning and Development, which funds 176 of 184 total federal awards. The remaining eight awards split across the Department of Health and Human Services Substance Abuse and Mental Health Services Administration (five awards, two awards from different divisions) and the National Institutes of Health (one award). Historical CoC award magnitudes to Palladia have ranged from approximately $140,000 to over $800,000 per grant. Recent representative prime awards include a $966,815 Continuum of Care Program grant awarded March 1, 2026 with performance through February 28, 2027; a $760,003 CoC grant awarded February 1, 2026 with performance through January 31, 2027; and a $795,220 CoC grant awarded November 1, 2025 with performance through October 31, 2026. Sub-recipient work includes substance-use prevention, treatment, and recovery services grants from the New York State Office of Addiction Services and Supports, with awards dated July 1 in 2023, 2024, 2025, and 2026.

Activity has remained flat across the past five years at approximately eight to nine awards annually through 2025, with four awards recorded through August 2026 in the source snapshot. Six awards face ultimate completion in the next twenty-four months, presenting recompete exposure within that window. Combined dollars obligated across all 184 awards total $68.7 million, with the vast majority concentrated in HUD CoC grants. Palladia operates as a single-program nonprofit focused narrowly on homelessness services and housing in New York City, with no federal contract prime work, no parent vehicles, and no teaming relationships in the contracting space.