Calendar Year (CY) 2025 Operating Fund Grant Processing

This page includes PHAs and Field Offices' CY 2025 Operating Grant Fund Processing Information.

Public Housing Portal

• Public Housing Portal Web Page

CY 2025 Schedule

• CY 2025 Operating Subsidy Schedule

Operating Fund (Op-Fund) Shortfall Funding (COMING SOON)

Shortfall Funding was established under the Full-Year Continuing Appropriations and Extensions Act, 2025. The FY 25 Shortfall Funding encompasses a $25 million set-aside of Public Housing Operating Grants to assist eligible Public Housing Agencies (PHAs). The application process for these funds is streamlined through the Public Housing Portal. HUD encourages small and very small PHAs to review this information as it relates to their eligibility and review the Shortfall Notice for instructions on how to apply for Shortfall Funding.  

• FY2025 Shortfall Notice
• Shortfall Funding Eligibility List
• FY 2025 Shortfall Funds Assignment 

CY 2025 Explanation and Obligations

• Explanation of Obligations for April, May, June, and Partial July
• Obligation Letters for April, May, June, and Partial July

Data Collection (COMING SOON)

Notices

• CY25 Operating Subsidy Grant Processing Notice
• Guidance on the use of Tenant Participation Funds Notice PIH 2021-16
• Inventory Management System/PIH Information Center (IMS-PIC) Sub-Module Reporting and Validation Notice PIH 2021-35
• Asset Repositioning Fee (ARF) Notice PIH 2021-37
• Property Casualty Insurance Notice PIH 2016-13

Guidance

• Federal Award Requirements for Interest Earned on Operating Grant Funds
• CY2025 Formula Income Guidance
• New Project Guidance (PDF)
• EDSC Guidance
• CY 2025 EDSC List
• Faircloth Guidance
• PHA Faircloth Listing
• JPEID Guidance
• CY2025 JPEID Adjustment Worksheet
• Guidance on Reporting by Non-Asset Management PHAs: Audit, Formula Income, and PILOT
• Pre-pop CY 2025 PELs
• Transition Stop Loss Asset Management Guidance
• Appeals for Changing Market Conditions
• SAM Guidance
• Family Self-Sufficiency (FSS//) Program: ACCOUNTING BRIEF #23 contains vital information on reporting requirements for FSS (i) Coordinator Grants (CFDA #14.896), (ii) Program Expenses, (iii) Escrow Activities, and (iv) the Rental Assistance Demonstration (RAD) Program

Operating Fund RAD Transfer

• FMD OFO Call Inventory

HOTMA (COMING SOON)

Operating Fund Grant Calculation Instructions and Paper Forms