|Region VI: 15-27
Patricia Campbell/Scott Hudman
(817) 978-5974/(713) 718-3107
February 27, 2015
HUD AWARDS $355,000 IN EMERGENCY FUNDING TO LAKE CITY HOUSING AUTHORITY IN ARKANSAS FOR CRITICAL REPAIRS
LITTLE ROCK - The U.S. Department of Housing and Urban Development (HUD) today awarded $355,786 to the Lake City Housing Authority, Lake City Arkansas, to replace sewer pipes at their Faye Cove and Carter Cover developments under HUD's Capital Fund Emergency Grant Program.
Emergency Grants are funded through a special Capital Fund national set aside of $17 million, and are awarded to public housing authorities facing unpredictable or unforeseen emergencies that pose a threat to the life, health, or safety of public housing residents. The Lake City Housing Authority has been experiencing ongoing leaks and pipe bursts in their sewer system, and today's grant will help the housing authority make critical repairs.
"Capital Fund Emergency Grants are specifically designed to address imminent health and safety issues that confront housing authorities and pose risks to residents," said HUD Regional Administrator Tammye H. Treviño. "Our partners at Lake City will use these funds to make needed sewer repairs, helping to ensure a safe and sanitary environment for tenants."
For more than 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 and Emergency Grants. Still, the nation continues to lose approximately 10,000 public housing units each year, 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 in the U.S. The study found the nation's 1.1 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.
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 espanol.hud.gov. You can also follow HUD on Twitter at @HUDgov or on Facebook at www.facebook.com/HUD, or sign up for news alerts on HUD's Email List.