The funds will be used to complete capital improvements such as heating and air improvements for the housing that is offered to seniors and others living off a fixed income.
ARRA will distribute almost $3 billion to housing authorities around the nation for similar improvements.
Further grants enabled by ARRA could help those who want to re-enter the workforce, as 207 public housing agencies also received $12 million to help residents find jobs by increasing training and placement opportunities.
"As America prepares to meet the growing challenges brought on by rising unemployment, it helps to have a helping hand guide individuals to training and job opportunities in their community," said Department of Housing and Urban Development Secretary Shaun Donovan.
A HUD study found that income increased more for those who had been involved in similar programs versus that of persons who did not take advantage of the opportunity.
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