HUD No. 08-08-13 Joseph J. Phillips (678) 732-2943 |
For Release Thursday August 8, 2013 |
HUD AWARDS NORTH CAROLINA HOUSING AUTHORITIES OVER $48 MILLION TO IMPROVE, PRESERVE NATION'S PUBLIC HOUSING STOCK
Housing authorities across the U.S., territories use funding to maintain housing for families, seniors
ATLANTA - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today awarded public housing authorities in North Carolina $48,626,554 that will be used to make major large-scale improvements to their public housing units.
The grants announced today are provided through 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 North Carolina count on this funding to maintain and improve their public housing for many families, especially the most vulnerable - our seniors," said HUD SE Regional Administrator Ed Jennings, Jr. "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 in the. U.S. 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.
###
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 and espanol.hud.gov. You can also follow HUD on twitter @HUDnews, on facebook at www.facebook.com/HUD, or sign up for news alerts on HUD's News Listserv.
North Carolina | Ahoskie Housing Authority | $139,074 |
Andrews Housing Authority | $67,544 |
|
Asheboro Housing Authority | $247,091 |
|
Ayden Housing Authority | $227,359 |
|
Belmont Housing Authority | $62,481 |
|
Benson Housing Authority | $229,384 |
|
Bladenboro Housing Authority | $108,226 |
|
Brevard Housing Authority | $199,217 |
|
Burlington Housing Authority | $489,413 |
|
City of Albemarle Department of Public Housing | $285,155 |
|
City of Hickory Public Housing Authority | $396,543 |
|
City of Mount Holly, Dept. of Housing | $53,951 |
|
City of Shelby, Department of Housing | $222,749 |
|
Clarkton Housing Authority | $71,019 |
|
Dunn Housing Authority | $211,311 |
|
Eastern Carolina Regional Housing Authority | $1,012,667 |
|
Elizabeth City Housing Authority | $414,015 |
|
Elizabethtown Housing Authority | $35,523 |
|
Fairmont Housing Authority | $67,995 |
|
Farmville Housing Authority | $222,308 |
|
Fayetteville Metropolitan Housing Authority | $1,300,026 |
|
Forest City Housing Authority | $206,805 |
|
Gastonia Housing Authority | $523,331 |
|
Hamlet Housing Authority | $319,539 |
|
Hendersonville Housing Authority | $508,379 |
|
Hertford Housing Authority | $109,986 |
|
Hot Springs Housing Authority | $65,797 |
|
Housing Authority of the City of Asheville | $1,930,311 |
|
Housing Authority of the City of Charlotte | $4,176,599 |
|
Housing Authority of the City of Concord | $199,450 |
|
Housing Authority of the City of Goldsboro | $1,609,761 |
|
Housing Authority of the City of Greensboro | $3,022,776 |
|
Housing Authority of the City of Greenville | $979,012 |
|
Housing Authority of the City of High Point | $1,431,648 |
|
Housing Authority of the City of Kinston | $1,054,347 |
|
Housing Authority of the City of Lumberton | $1,029,253 |
|
Housing Authority of the City of New Bern | $730,475 |
|
Housing Authority of the City of Raleigh | $2,153,611 |
|
Housing Authority of the City of Salisbury | $674,368 |
|
Housing Authority of the City of Wilmington | $1,825,074 |
|
Housing Authority of the City of Wilson | $1,097,494 |
|
Housing Authority of the City of Winston-Salem | $2,245,961 |
|
Housing Authority of the County of Wake | $436,740 |
|
Housing Authority of the Town of Beaufort | $136,390 |
|
Housing Authority of the Town of Laurinburg | $725,299 |
|
Housing Authority of the Town of Mount Airy | $424,482 |
|
Housing Programs of the Town of Murphy | $104,305 |
|
Kings Mountain Housing Authority | $355,225 |
|
Lenoir Housing Authority | $183,078 |
|
Lexington Housing Authority | $339,833 |
|
Lincolnton Housing Authority | $320,462 |
|
Madison County Housing Authority | $48,659 |
|
Madison Housing Authority | $59,325 |
|
Mars Hill Housing Authority | $50,955 |
|
Marshall Housing Authority | $50,621 |
|
Maxton Housing Authority | $128,633 |
|
Mid-East Regional Housing Authority | $276,398 |
|
Monroe Housing Authority | $267,217 |
|
Mooresville Housing Authority | $142,811 |
|
Morganton Housing Authority | $330,741 |
|
Mount Gilead Housing Authority | $37,055 |
|
Mount Olive Housing Authority | $27,329 |
|
North Wilkesboro Housing Authority | $273,678 |
|
Northwestern Regional Housing Authority | $111,112 |
|
Oxford Housing Authority | $378,312 |
|
Pembroke Housing Authority | $383,287 |
|
Plymouth Housing Authority | $244,149 |
|
Princeville Housing Authority | $58,261 |
|
Redevelopment Commission of the Town of Tarboro | $247,856 |
|
Roanoke Rapids Housing Authority | $267,346 |
|
Roanoke-Chowan Regional Housing Authority | $510,622 |
|
Robersonville Housing Authority | $136,666 |
|
Robeson County Housing Authority | $401,133 |
|
Rockingham Housing Authority | $309,723 |
|
Rocky Mount Housing Authority | $1,111,526 |
|
Rowan County Housing Authority | $216,438 |
|
Roxboro Housing Authority | $272,013 |
|
Sanford Housing Authority | $576,745 |
|
Selma Housing Authority | $216,140 |
|
Smithfield Housing Authority | $251,677 |
|
Southern Pines Housing Authority | $140,102 |
|
Spruce Pine Housing Authority | $106,226 |
|
Star Housing Authority | $33,531 |
|
Statesville Housing Authority | $638,919 |
|
The Graham Housing Authority | $215,061 |
|
The Housing Authority of the City of Durham | $2,556,108 |
|
The New Edenton Housing Authority | $130,548 |
|
The New Randleman Housing Authority | $92,740 |
|
The New Reidsville Housing Authority | $136,178 |
|
Thomasville Housing Authority | $291,651 |
|
Town of Chapel Hill Department of Housing | $444,974 |
|
Troy Housing Authority | $112,321 |
|
Valdese Housing Authority | $144,610 |
|
Vance County Housing Authority | $98,831 |
|
Wadesboro Housing Authority | $227,073 |
|
Washington Housing Authority | $498,851 |
|
Waynesville Housing Authority | $125,742 |
|
Whiteville Housing Authority | $65,881 |
|
Williamston Housing Authority | $197,937 |
|
North Carolina Total |
$48,626,554 |