| HUD No. KY08-009 Burt Wilkerson, Atlanta Regional Director (404) 331-5001 ext. 2008 |
For
Release Friday September 5, 2008 |
HUD AWARDS $16.9 MILLION FOR AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT IN RURAL AMERICA
$1,800,000 to benefit rural areas of Kentucky
LOUISVILLE - U.S. Housing and Urban Development Secretary Steven Preston today awarded $16.9 million to 60 rural housing programs across the country to stimulate economic development, create jobs and produce more affordable housing. Included in the funding announced today, HUD awarded six grants totaling $1,800,000 in rural Kentucky.
The funding is provided through HUD's Rural Housing and Economic Development Program (see attached). In Kentucky, HUD awarded grants to Frontier Housing, Low Income Housing Coalition of East Kentucky, Young Adult Development in Action, Inc., Southeast Kentucky Economic Development Corporation, McCreary County Community Housing Development Corporation, and People's Self Help Housing, Inc.
"HUD is deeply invested in promoting affordable housing and community development throughout rural America," said Preston. "These grants will stimulate the kind of employment, economic growth, and housing development that will have a direct impact on working families in our rural communities."
- Frontier Housing in Morehead, KY will receive a Rural Housing and Economic Development Innovative grant in
the amount of $300,000. This Innovative award will assist the applicant in developing 10 new energy-efficient single-family homes being developed that are affordable to low-income homebuyers, 10 new low-income
families becoming homebuyers, and 200 people receiving Homebuyer Readiness training. The proposed
leveraging for this project is $150,786. Telephone Number: (435) 651-3350Contact Person: Stacey Epperson
5445 Flemingsburg Road, Morehead, KY 40351
Telephone Number: (606) 784-2131
- Low Income Housing Coalition of East Kentucky in Prestonsburg, KY will receive a Rural Housing and Economic Development Innovative grant in the amount of $300,000. This Innovative award will assist the applicant in building 6 new homes, rehabilitating 6 owner-occupied homes; and repairing 60 owner-occupied homes. Forty-five existing businesses will be utilized during the 3-year period. Partners for this project are The Federal
Home Loan Bank, Kentucky Housing Corporation, and Bingham Trust. The proposed leveraging for this project
is $169,001.
Contact Person: Gayle Kilgore
116 North Front Street, Prestonsburg, KY 41653
Telephone Number: (276) 796-5539
- Young Adult Development in Action, Inc. in Louisville, KY will receive a Rural Housing and Economic
Development Innovative grant in the amount of $300,000. This Innovative award will assist the applicant in supporting a 12-month intensive job skills training and placement program for a minimum of 10 low-income;
at risk young people aged 18 to 24, (youth who otherwise face slim job prospects and a high likelihood of requiring on-going public assistance). Partners for this project are the Housing Development Alliance, KRADD, Breathitt Co. Public Library, Youthbuild USA, Kentucky Housing Corporation, and Breathitt County Life Skills
Center. The proposed leveraging for this project is $195,047.
Contact Person: Della Howard
P.O. Box 638, 800 West Chestnut Street, Room 104, Louisville, KY 40201
Telephone Number: (606) 693-9393
- Southeast Kentucky Economic Development Corporation in Somerset, KY will receive a Rural Housing and Economic Development Innovative grant in the amount of $300,000. This Innovative award will assist the applicant in making a third party loan to Outdoor Venture Corporation (OVC) for equipment and working
capital to establish a new manufacturing facility and create thirty (30) jobs in McCreary County, Kentucky.
The partner for this project is the Outdoor Venture Corporation. The proposed leveraging for this project is $300,000.
Contact Person: Greg Jones
2292 South Highway 27, Suite 340, Somerset, KY 42501
Telephone Number: (606) 677-6100
- McCreary County Community Housing Development Corporation in Whitley City, KY will receive a Rural Housing and Economic Development Innovative grant in the amount of $300,000. This Innovative award will assist the applicant in the construction of eight (8) new, ENERGY STAR certified homes on scattered sites, as well as 30 minor rehabilitation projects for elderly and disabled owner occupied units. All households served by the new home construction aspect of the program will be at or below 80% of the HUD area median income. Partners
for this project are the Kentucky Baptist Fellowship, and the Pine Knot Job Corps. The proposed leveraging
for this project is $907,063.
Contact Person: Donna Thrush
P.O. Box 546, Whitley City, KY 42653
Telephone Number: (606) 354-49994
- People's Self Help Housing Inc. in Vanceburg, KY will receive a Rural Housing and Economic Development grant
in the amount if $300,000. This Innovative award will assist the applicant in developing 5 house plans using different new and innovative, energy-saving building practices, appliances and materials on each home. The RHED grant will spur local economic development by providing job training and jobs for low-income residents
of Lewis County. Partners for this project are the Glenmary Farm Program, and the East Kentucky Power Cooperative (EKPC). The proposed leveraging for this project is $150,115.
Contact Person: Dave Kreher
307 KY 59, Vanceburg, KY 41179
Telephone Number: (606) 796-6333
Rural Housing and Economic Development (RHED) grants help pay for land acquisition, new home construction, housing demolition, infrastructure improvements and construction training. Other possible uses include
homeownership and financial counseling; financial assistance to homeowners, businesses and developers; creating microenterprises and small business incubators; and establishing lines of credit or revolving loan pools to benefit the local business community. In addition to the funding announced today, rural communities are expected to generate nearly $59 million from other public and private sources to promote economic development and employment.
Qualified applicants are local rural nonprofit organizations, community development corporations, federally
recognized Indian tribes, State housing finance agencies and/or local economic development agencies. RHED grants have provided nearly $223 million, creating/training more than 35,000 jobs, assisting nearly 5,500 businesses and producing 14,000 affordable homes.
Rural communities will use this funding as seed money to pay the start-up costs for housing or economic
development projects. These grants will also help organizations to hire and train their staffs, develop strategic plans and acquire office space and other needed facilities.
The following communities will receive grants under HUD's Rural Housing and Economic Development Program this year.
For further information contact: Deborah Knight, HUD Louisville Office Public Affairs Coordinator, at (502) 618-8129.
FY 2008 RURAL HOUSING AND ECONOMIC DEVELOPMENT AWARDS
| State | Recipient | City | Amount |
| Alaska | Organized Village of Kasaan | Ketchikan | $300,000 |
| Tribal Government of St. Paul Island | St. Paul Island | $300,000 | |
Alaska Total |
$600,000 |
||
| Alabama | Collaborative Solutions, Inc. | Birmingham | $300,000 |
| Hale Empowerment and Revitalization Organization, Inc | Greensboro | $300,000 | |
Alabama Total |
$600,000 |
||
| Arkansas | Crawford-Sebastian Community Development Council, Inc. | Fort Smith | $250,344 |
Arkansas Total |
$250,344 |
||
| Arizona | Comite de Bien Estar, Inc. | San Luis | $300,0030 |
| Hopi Tribe | Kykotamovi | $296,800 | |
| International Sonoran Desert Alliance | Ajo | $300,000 | |
| Moenkopi Developers Corporation, Inc. | Tuba City | $298,626 | |
| Nogales Community Development Corporation (NCD) | Nogales | $300,000 | |
| White Mountain Apache Housing Authority) | Whiteriver | $300,000 | |
Arizona Total |
$1,795,426 |
||
| California | Bear River Band of Rohnerville Rancheria | Loleta | $300,000 |
| Big Pine Paiute Tribe | Big Pine | $284,968 | |
| Bishop Paiute Tribe | Bishop | $296,410 | |
| Karuk Tribe of California | Happy Camp | $300,000 | |
| The Relational Culture Institute | Fresno | $300,000 | |
| Timbisha Shoshone Tribe | Bishop | $124,000 | |
| Tule River Tribal Council | Porterville | $300,000 | |
California Total |
$1,905,378 |
||
| Florida | Empowerment Alliance of SW Florida, CDC | Immokalee | $300,000 |
Florida Total |
$300,000 |
||
| Kentucky | Frontier Housing, Inc. | Morehead | $300,000 |
| Low Income Housing Coalition of East Kentucky, Inc | Prestonsburg | $300,000 | |
| McCreary County Community Housing Development Corp. | Whitley City | $300,000 | |
| People's Self-Help Housing, Inc. | Vanceburg | $300,000 | |
| Southeast Kentucky Economic Development Corporation | Somerset | $300,000 | |
| Young Adult Development in Action, Inc. | Louisville | $300,000 | |
Kentucky Total |
$1,800,000 |
||
| Louisiana | Louisiana Technical College Tallulah Foundation | Tallulah | $300,000 |
| Seventh District Pavilion, INC. | Crowley | $300,000 | |
| START Corporation | Houma | $300,000 | |
Louisiana Total |
$900,000 |
||
| Maine | Four Directions Development Corporation | Orona | $299,367 |
Maine Total |
$299,367 |
||
| Minnesota | Fond du Lac Band of Lake Superior Chippewa | Minneapolis | $300,000 |
| Midwest Minnesota Community Development Corporation | Detroit Lakes | $200,000 | |
| Northcountry Cooperative Foundation | Minneapolis | $250,000 | |
Minnesota Total |
$750,000 |
||
| North Carolina | Community Developers of Beaufort-Hyde, Inc. | Belhaven | $210,400 |
| Hollister R.E.A.C.H., Inc. | Hollister | $299,850 | |
North Carolina Total |
$510,250 |
||
| Nebraska | Dawson County Area Economic Development Council | Cozard | $287,724 |
Nebraska Total |
$287,724 |
||
| New Mexico | Center of Southwest Culture, Inc. | Albuquerque | $65,714 |
| Community Area Resource Enterprise | Gallup | $300,000 | |
| Habitat for Humanity of Taos, Inc. | Taos | $300,000 | |
| New Mexico Mortgage Finance Authority | Albuquerque | $300,000 | |
| Ohkay Owingeh Housing Authority | Ohkay Owingeh | $300,000 | |
| Picuris Pueblo | Penasco | $300,000 | |
| Tierra Del Sol Housing Corporation | Anthony | $300,000 | |
New Mexico Total |
$1,865,714 |
||
| Oklahoma | Little Dixie Community Action Agency, INC | Hugo | $300,000 |
Oklahoma Total |
$300,000 |
||
| Oregon | Community And Shelter Assistance Corp. | Siletz | $300,000 |
| Confederated Tribes of Siletz Indians | Pendleton | $299,871 | |
| Umatilla Reservation Housing Authority | Newberg | $300,000 | |
Oregon Total |
$899,871 |
||
| Puerto Rico | Ceiba Housing and Economic Development Corporation | Ceiba | $300,000 |
Puerto Rico Total |
$300,000 |
||
| Rhode Island | Woonsocket Neighborhood Develop. Corp. d/b/a NWBRV | Woonsocket | $300,000 |
Rhode Island Total |
$300,000 |
||
| South Dakota | Oglala Sioux Tribe Partnership for Housing, Inc. | Pine Ridge | $136,000 |
| The Lakota Funds | Kyle | $300,000 | |
| Thunder Valley CDC | Porcupine | $299,775 | |
South Dakota Total |
$735,775 |
||
| Tennessee | Volunteer Housing Development Corporation | Morristown | $289,864 |
Tennessee Total |
$289,864 |
||
| Texas | Community Development Corporation of Brownsville | Brownsville | $300,000 |
| La Fe Community Development Corporation | El Paso | $300,000 | |
Texas Total |
$600,000 |
||
| Utah | Aneth Community Development Corporation | Montezuma Creek | $299,920 |
| Community Development Corporation of Utah | Salt Lake City | $300,000 | |
Utah Total |
$599,920 |
||
| Washington | Makah Indian Tribe | Neah Bay | $300,000 |
| Southern Puget Sound Inter-Tribal Housing Authority | Elma | $300,000 | |
Washington Total |
$600,000 |
||
| Wisconsin | NiiJii Small Business Loan Fund, Inc. | Keshena | $300,000 |
| St. Croix Chippewa Indians of Wisconsin | Webster | $100,000 | |
Wisconsin Total |
$400,000 |
||
GRAND TOTAL |
$16,889,633 |
||
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HUD is the nation's housing agency committed to increasing homeownership, particularly among minorities;
creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development and enforces the nation's fair housing laws. More information about HUD and its programs is available on the
Internet and espanol.hud.gov.
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