HUD Archives: News Releases


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

 

Content Archived: December 2, 2014