Recipient of federal assistance · WALLACE, NC
FORMOSA PROPERTIES
FORMOSA PROPERTIES received $254.9K in federal grants and other assistance in FY2026, on 1 actions, +161% vs FY2025. It has no federal contracts in the loaded years. Since FY2022: $1.4M. Its largest awarding agency was Rural Housing Service ($254.9K).
- Assistance · FY2026
- $254.9K
- New awards
- 1
- Actions
- 1
- Since FY2022
- $1.4M
- Location
- WALLACE, NC
Colleges and universities
Federal grants & assistance received
Grants, loans (counted at their subsidy cost), direct payments and insurance, by fiscal year of the action (USAspending.gov, FABS). Reported apart from contracts and never added to them.
Assistance by fiscal year
- 418.9KFY2022
- 405.3KFY2023
- 266KFY2024
- 97.7KFY2025
- 254.9KFY2026
By type
- Direct payments$254.9K100%
Top programs · Awarding agencies
Obligations in FY2026.
Top programs
- 10.427 · Rural Rental Assistance Payments$254.9K100%
Awarding agencies
- Rural Housing Service$254.9K100%Department of Agriculture
Largest awards
- 10.427 · Rural Rental Assistance Payments· Rural Housing Service· Direct payment for specified use· Mar 16, 2021 – Dec 16, 2025· AMAS000000022505
Source: Federal financial assistance transactions (Financial Assistance Broker Submission) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 3, 2026, loaded Oct 3, 2026 · FY2022–FY2026.