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HUD Region VI: 13-81
Patricia Campbell/Scott Hudman
(817) 978-5974/(713) 718-3107
Twitter: @HUDSouthwest |
For Release
Thursday
August 8, 2013 |
HUD AWARDS ARKANSAS HOUSING AUTHORITIES OVER $16 MILLION TO IMPROVE AND PRESERVE PUBLIC HOUSING STOCK
Arkansas Housing Authorities use funding to maintain housing for families, seniors
LITTLE ROCK - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today awarded public housing authorities in Arkansas $16,801,739 that will be used to make major large-scale improvements to their public housing assets. See the end of this release for a list of housing authorities and grant amounts.
The grants announced today are part of HUD's Capital Fund Program, which provides funding annually to all public housing authorities to build, repair, renovate and/or modernize the public housing in their communities. The authorities use the funding to do large-scale improvements to the housing such as new roofs or to make energy-efficient upgrades to replace old plumbing and electrical systems.
"This funding is critical for housing authorities to maintain and improve public housing conditions for their residents," said Donovan. "However, with a significant repair backlog, I am encouraged by new, innovative long-term solutions HUD is exploring that can be combined with this funding to not only protect and preserve this housing for the next generation, but to also build the quality infrastructure necessary for families to thrive."
"Housing authorities in Arkansas count on this funding to maintain and improve their public housing for many families, especially the most vulnerable - our seniors," said Mark Brezina, Acting Regional Administrator. "HUD is currently taking bold steps to preserve this affordable housing."
Capital Fund grants are awarded each year to the nation's approximately 3,100 public housing agencies through a formula that considers number, type and age of units in a community. Eligible uses for this funding include development, financing and modernization of the public housing units as well as management improvements at the public housing authority.
Over the past 75 years, the federal government has been working and investing billions of dollars in developing and maintaining public and multifamily housing - including providing critical support through the Capital Fund grants announced today. Still, the nation continues to lose approximately 10,000 public housing units annually, primarily due to disrepair. In 2011, HUD released Capital Needs in the Public Housing Program, a study that estimated the capital needs in the public housing stock. The study found the nation's 1.2 million public housing units are facing an estimated $25.6 billion in large-scale repairs. Unlike routine maintenance, capital needs are extensive improvements required to make the housing decent and economically sustainable, such as replacing roofs or updating plumbing and electrical systems to increase energy efficiency.
To help protect the considerable federal investment and respond to the growing demand for affordable rental housing, the Obama Administration proposed the Rental Assistance Demonstration (RAD), a comprehensive strategy that complements the Capital Fund Program and offers a long-term solution to preserve and enhance the country's affordable housing stock, including leveraging public and private funding to make critically needed improvements.
Since Congress approved the demonstration, early results show it is already generating additional capital for public and assisted housing. After opening RAD application periods last summer, HUD has approved or given initial approval to nearly 20,000 public and assisted housing units in 180 different projects across the country. Through these awards, housing authorities have proposed to generate close to $816 million in private debt and equity investments to reduce the capital backlog in public housing properties, which will preserve or replace distressed units and support local jobs in their communities - all without additional federal resources.
HUD also recently issued new RAD guidance that expands the program's flexibility that will benefit current and future applicants and participants.
Capital Fund Grants for Arkansas
Arkadelphia Housing Authority |
$100,575 |
Blytheville Housing Authority |
$450,343 |
Camden Housing Authority |
$653,102 |
Clarendon Housing Authority |
$103,134 |
Hope Housing Authority |
$216,165 |
Hot Springs Housing Authority |
$410,697 |
Housing Authority of the City of Alma |
$85,370 |
Housing Authority of the City of Amity |
$22,607 |
Housing Authority of the City of Atkins |
$27,684 |
Housing Authority of the City of Augusta |
$123,332 |
Housing Authority of the City of Bald Knob |
$44,375 |
Housing Authority of the City of Batesville |
$67,160 |
Housing Authority of the City of Beebe |
$46,288 |
Housing Authority of the City of Benton, AR |
$111,925 |
Housing Authority of the City of Booneville |
$39,414 |
Housing Authority of the City of Brinkley |
$223,741 |
Housing Authority of the City of Caraway |
$47,529 |
Housing Authority of the City of Carthage |
$12,785 |
Housing Authority of the City of Clarksville |
$190,202 |
Housing Authority of the City of Coal Hill |
$18,807 |
Housing Authority of the City of Conway |
$163,630 |
Housing Authority of the City of Cotton Plant |
$61,354 |
Housing Authority of the City of Crossett |
$147,041 |
Housing Authority of the City of Dardanelle |
$90,088 |
Housing Authority of the City of Decatur |
$30,732 |
Housing Authority of the City of Dell |
$13,698 |
Housing Authority of the City of Des Arc |
$47,691 |
Housing Authority of the City of Dover |
$20,105 |
Housing Authority of the City of Dumas |
$130,422 |
Housing Authority of the City of Earle |
$77,149 |
Housing Authority of the City of England |
$128,632 |
Housing Authority of the City of Fayetteville |
$279,858 |
Housing Authority of the City of Forrest City |
$517,932 |
Housing Authority of the City of Gould |
$19,631 |
Housing Authority of the City of Greenwood |
$33,910 |
Housing Authority of the City of Gurdon |
$31,343 |
Housing Authority of the City of Heber Springs |
$78,401 |
Housing Authority of the City of Helena |
$369,865 |
Housing Authority of the City of Hickory Ridge |
$15,104 |
Housing Authority of the City of Hoxie |
$19,795 |
Housing Authority of the City of Hughes |
$44,839 |
Housing Authority of the City of Imboden |
$40,565 |
Housing Authority of the City of Judsonia |
$28,609 |
Housing Authority of the City of Kensett |
$38,389 |
Housing Authority of the City of Lake City |
$41,864 |
Housing Authority of the City of Leachville |
$96,584 |
Housing Authority of the City of Little Rock |
$1,224,620 |
Housing Authority of the City of Luxora |
$61,941 |
Housing Authority of the City of Magnolia |
$190,936 |
Housing Authority of the City of Malvern |
$200,179 |
Housing Authority of the City of Mammoth Spring |
$22,272 |
Housing Authority of the City of Manila |
$93,391 |
Housing Authority of the City of Marianna |
$285,612 |
Housing Authority of the City of Marmaduke |
$68,514 |
Housing Authority of the City of McCrory |
$42,035 |
Housing Authority of the City of McGehee |
$60,339 |
Housing Authority of the City of McRae |
$17,317 |
Housing Authority of the City of Melbourne |
$61,689 |
Housing Authority of the City of Monette |
$50,970 |
Housing Authority of the City of Morrilton |
$235,823 |
Housing Authority of the City of Mount Ida |
$22,448 |
Housing Authority of the City of Newark |
$24,299 |
Housing Authority of the City of Newport |
$354,281 |
Housing Authority of the City of Ola |
$123,999 |
Housing Authority of the City of Osceola |
$452,863 |
Housing Authority Of The City Of Ozark |
$42,039 |
Housing Authority of the City of Paris |
$57,922 |
Housing Authority of the City of Parkin |
$59,707 |
Housing Authority of the City of Pine Bluff |
$323,457 |
Housing Authority of the City of Pocahontas |
$148,421 |
Housing Authority of the City of Prescott |
$106,725 |
Housing Authority of the City of Rector |
$79,228 |
Housing Authority of the City of Rison |
$34,387 |
Housing Authority of the City of Salem |
$50,622 |
Housing Authority of the City of Sparkman |
$16,596 |
Housing Authority of the City of Stephens |
$61,657 |
Housing Authority of the City of Texarkana |
$469,964 |
Housing Authority of the City of Van Buren |
$218,001 |
Housing Authority of the City of Waldron |
$106,362 |
Housing Authority of the City of West Helena |
$277,192 |
Housing Authority of the City of Wilson |
$69,288 |
Housing Authority of the City of Yellville |
$22,617 |
Housing Authority of the County of Howard |
$188,935 |
Housing Authority of the County of Poinsett |
$362,224 |
Housing Authority of the County of Sevier |
$125,911 |
Jacksonville Housing Authority |
$115,947 |
Jonesboro Urban Renewal HA |
$189,504 |
Little River County Housing Authority |
$155,838 |
Lonoke County Housing Authority |
$133,012 |
North Little Rock Housing Authority |
$1,117,075 |
NW Regional Housing Authority |
$66,752 |
Paragould Housing Authority |
$216,428 |
Pike County Housing Authority |
$27,820 |
Polk County Housing Authority |
$204,955 |
Russellville Housing Authority |
$191,016 |
Searcy Housing Authority |
$161,451 |
Springdale Housing Authority |
$209,006 |
Star City Housing Authority |
$58,793 |
Stuttgart Housing Authority |
$121,393 |
The Housing Authority of the City of Fort Smi |
$519,178 |
Trumann Housing Authority |
$464,213 |
Warren Housing Authority |
$198,618 |
West Memphis Housing Authority |
$472,509 |
White River Regional Housing Authority |
$120,442 |
Wynne Housing Authority |
$80,540 |
Arkansas Total |
$16,801,739 |
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HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination; and transform the way HUD does business. More information about HUD and its programs is available on the Internet at www.hud.gov and http://espanol.hud.gov. You can also follow HUD on twitter @HUDgov, on facebook at www.facebook.com/HUD, or sign up for news alerts on HUD's News Listserv.
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