Operating Funds

HUD provides annual operating subsidies to Public Housing Agencies (PHAs) to assist with operations and management expenses, including, administration, maintenance, and costs related to mixed finance projects.

Visit the Operating Funds page on HUD.gov to view additional information.

Public Housing Operating Fund Training for PHA Staff

This four-part training series is intended for Public Housing Agency (PHA) staff to learn more about the HUD's Public Housing Operating Fund.

This training covers the following topics:

  • Part One: Introduction to Operating Subsidy Annual Processing Cycle
  • Part Two: Annual Processing Cycle
  • Part Three: Calculation of Operating Subsidy Eligibility
  • Part Four: Eligible Uses of Operating Subsidy

Introduction to Operating Subsidy Annual Processing Cycle

This video is an introduction to the Operating Subsidy Annual Processing Cycle.

Annual Processing Cycle

This video describes roles and responsibilities of PHAs and of HUD throughout the Operating Subsidy Annual Processing Cycle.

Calculation of Operating Subsidy Eligibility

This video explains the formula used to calculate Operating Subsidy eligibility for a public housing project and introduces the forms and inputs used to determine Operating Subsidy eligibility.

Eligible Uses of Operating Subsidy

This video describes the PHAs' eligible uses of Operating Subsidy and the spending flexibilities on Capital Fund Program Activities.