Topic: Public housing

HUD makes nearly $1 billion available in Recovery Act funds to improve public housing

May 12, 2009 |

Grants will help the elderly and disabled, boost energy efficiency and create jobs

WASHINGTON – U.S. Department of Housing and Urban Development Secretary Donovan today announced that HUD is offering nearly $1 billion to make substantial improvements to thousands of public housing units nationwide. The Public Housing Capital Funds being offered today are provided through The American Recovery and Reinvestment Act of 2009 (Recovery Act) and are designed to help selected public housing authorities improve the quality of their housing stock, promote energy efficiency and create jobs.

In March, HUD allocated nearly $3 billion in Recovery Act funding to more than 3,100 public housing authorities across the U.S. Distributed by formula, that funding is already being put to work to improve public housing and create safer, more livable environments for lower income residents. This additional $1 billion will be awarded competitively. «Read the rest of this article»

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