HUD Archives: News Releases


HUD No. 12-03
Alan Gelfand
(973) 776-7205
For Release
Friday
February 10, 2012

HUD AWARDS NEW JERSEY HOUSING AUTHORITIES $62 MILLION TO IMPROVE, PRESERVE NATION'S PUBLIC HOUSING STOCK
Congress gives approval to test HUD comprehensive affordable housing preservation program

NEWARK � U.S. Department of Housing and Urban Development Secretary Shaun Donovan awarded today public housing authorities in New Jersey nearly $62 million that will be used to make major large-scale improvements to their public housing units.

The following housing authorities in New Jersey will receive this funding:

Asbury Park Housing Authority

$899,164

Atlantic City Housing Authority

$1,759,519

Bayonne Housing Authority

$2,195,269

Belmar Housing Authority

$42,496

Bergen County Housing Authority

$558,380

Berkeley Housing Authority

$78,431

Beverly Housing Authority

$74,812

Boonton Housing Authority

$70,841

Brick Housing Authority

$244,053

Bridgeton Housing Authority

$560,715

Buena Housing Authority

$59,778

Burlington Housing Authority

$99,618

Camden Housing Authority

$2,259,565

Cape May Housing Authority

$87,169

Carteret Housing Authority

$358,983

Clementon Housing Authority

$59,257

Cliffside Park Housing Authority

$444,065

Collingswood Housing Authority

$80,800

Dover Housing Authority

$49,448

East Orange Housing Authority

$584,272

Edgewater Housing Authority

$25,143

Edison Housing Authority

$180,659

Elizabeth Housing Authority

$2,579,734

Englewood Housing Authority

$118,466

Florence Housing Authority

$57,896

Fort Lee Housing Authority

$40,899

Franklin Housing Authority

$107,014

Freehold Housing Authority

$81,609

Garfield Housing Authority

$517,051

Glassboro Housing Authority

$168,424

Gloucester City Housing Authority

$106,560

Gloucester County Housing Authority

$364,052

Guttenberg Housing Authority

$386,673

Hackensack Housing Authority

$674,120

Haddon Housing Authority

$77,938

Harrison Housing Authority

$580,406

Highland Park Housing Authority

$103,501

Highlands Housing Authority

$114,446

Hightstown Housing Authority

$102,625

Hoboken Housing Authority

$1,704,873

Housing Authority City of Linden

$168,755

Irvington Housing Authority

$840,889

Jersey City Housing Authority

$4,718,880

Keansburg Housing Authority

$62,350

Lakewood Housing Authority

$264,102

Lodi Housing Authority

$214,472

Long Branch Housing Authority

$987,915

Madison Housing Authority

$145,604

Middletown Housing Authority

$78,245

Millville Housing Authority

$436,909

Morris County Housing Authority

$286,007

Morristown Housing Authority

$540,467

Neptune Housing Authority

$364,030

New Brunswick Housing Authority

$568,072

Newark Housing Authority

$17,487,116

Newton Housing Authority

$67,049

North Bergen Housing Authority

$1,235,691

Ocean City Housing Authority

$118,520

Orange Housing Authority

$593,647

Passaic Housing Authority

$935,015

Paterson Housing Authority

$2,229,978

Penns Grove Housing Authority

$149,188

Perth Amboy Housing Authority

$980,463

Phillipsburg Housing Authority

$1,069,622

Plainfield Housing Authority

$621,889

Pleasantville Housing Authority

$236,139

Princeton Housing Authority

$198,435

Rahway Housing Authority

$368,129

Red Bank Housing Authority

$88,248

Salem Housing Authority

$328,372

Secaucus Housing Authority

$241,667

South Amboy Housing Authority

$155,898

Summit Housing Authority

$202,188

Trenton Housing Authority

$2,887,840

Union City Housing Authority

$655,498

Vineland Housing Authority

$734,284

Weehawken Housing Authority

$87,047

West New York Housing Authority

$1,044,800

Wildwood Housing Authority

$165,960

Woodbridge Housing Authority

$719,382
Total New Jersey
$61,937,486

Today's grants are provided through HUD's Capital Fund Program, which provides annual funding to all public housing authorities to build, repair, renovate and/or modernize the public housing in their communities. This funding can be used to make large-scale improvements such as new roofs and to make energy-efficient upgrades to replace old plumbing and electrical systems.

"This funding will help housing authorities address long-standing capital improvements, but it only scratches the surface in addressing the deep backlog we're seeing across the country," said Donovan. "Today, we are closer to helping housing authorities and our private sector partners undertake their capital needs over the long haul. With the passage of HUD's 2012 budget, Congress gave HUD the go-ahead for a new, comprehensive and critical demonstration tool that we believe will help preserve and enhance America's affordable housing, including public housing."

In November 2011, Congress gave HUD the approval to test a comprehensive tool to preserve public housing and other HUD-assistant housing. Congress authorized HUD to begin a Rental Assistance Demonstration (RAD) as part of the Obama Administration's comprehensive strategy to keep these public and other HUD affordable homes on firm financial footing. Public housing authorities need nearly $26 billion to keep these homes safe and decent for families. But given our budget realities, HUD proposed this innovative way to confront the decline of the nation's public and affordable housing stock.

In FY 2012, RAD will enable public housing authorities and owners to continue to make standard life-cycle improvements to their inventory and modernize or replace obsolete units to stem the loss of stock from the private sector that choose to opt-out of affordable housing programs. The demonstration will bring more than 60,000 properties into a reliable, long term, project-based rental assistance contract - and allow public housing authorities to raise more than $6.1 billion in private financing to reduce the large backlog of capital repair needs and in the process, support significant job creation in communities across the country.

Sandra B. Henriquez, HUD Assistant Secretary for Public and Indian Housing, added, "We see Congress' decision to allow this demonstration to begin as a victory, not only for HUD, but for countless communities that desperately want to improve their public housing and other affordable housing, as well as a victory for families who need quality housing they can afford and who want more options on where they might choose to live."

Last year, HUD released Capital Needs in the Public Housing Program, a study that updated the national estimate of 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 much-needed large scale repairs. Unlike routine maintenance, capital needs are the large-scale improvements required to make the housing decent and economically sustainable, such as replacing roofs or updating plumbing and electrical systems to increase energy efficiency. This study updates a 1998 analysis and includes costs to address overdue repairs, accessibility improvements for disabled residents, lead abatement, and water and energy conservation that would make the homes more cost effective and energy efficient.

Over the last 75 years, the federal government has invested billions in the development and maintenance of public and multifamily housing - including providing critical support through HUD's Capital Fund, the grants announced today. Still, the nation continues to lose thousands of public housing units annually, primarily due to disrepair. To protect the considerable federal investment and respond to the growing demand for affordable rental housing, the Obama Administration proposed RAD. The details of the demonstration's timeline and application are being prepared and HUD expects to issue a notice for public comment in the coming months.

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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 espanol.hud.gov. You can also follow HUD on Twitter at @HUDnews or on Facebook at www.facebook.com/HUD, or sign up for news alerts on HUD's News Listserv.

 

Content Archived: April 9, 2014