Post by Deleted on Feb 10, 2012 13:50:58 GMT -5
ATLANTA – U.S. Department of Housing and Urban Development Secretary Shaun Donovan awarded today public housing authorities in Tennessee $50,216,600 that will be used to make major large-scale improvements to their public housing units.
Today’s grants are provided through HUD’s Capital Fund Program, which provides annual funding to all public housing authorities to build, repair, renovate and/or modernize the public housing in their communities. This funding can be used to make large-scale improvements such as new roofs and to make energy-efficient upgrades to replace old plumbing and electrical systems.
“This funding will help housing authorities address long-standing capital improvements, but it only scratches the surface in addressing the deep backlog we’re seeing across the country,” said Donovan. “Today, we are closer to helping housing authorities and our private sector partners undertake their capital needs over the long haul. With the passage of HUD’s 2012 budget, Congress gave HUD the go-ahead for a new, comprehensive and critical demonstration tool that we believe will help preserve and enhance America’s affordable housing, including public housing.”
The following housing authorities in Tennessee will receive this funding:
Chattanooga Housing Authority $4,388,405.00
You can also follow HUD on twitter @hudnews, on facebook at www.facebook.com/HUD,
Today’s grants are provided through HUD’s Capital Fund Program, which provides annual funding to all public housing authorities to build, repair, renovate and/or modernize the public housing in their communities. This funding can be used to make large-scale improvements such as new roofs and to make energy-efficient upgrades to replace old plumbing and electrical systems.
“This funding will help housing authorities address long-standing capital improvements, but it only scratches the surface in addressing the deep backlog we’re seeing across the country,” said Donovan. “Today, we are closer to helping housing authorities and our private sector partners undertake their capital needs over the long haul. With the passage of HUD’s 2012 budget, Congress gave HUD the go-ahead for a new, comprehensive and critical demonstration tool that we believe will help preserve and enhance America’s affordable housing, including public housing.”
The following housing authorities in Tennessee will receive this funding:
Chattanooga Housing Authority $4,388,405.00
You can also follow HUD on twitter @hudnews, on facebook at www.facebook.com/HUD,