HUD No. 13-17 Adam Glantz (212) 264-1100 Olga Alvarez (212) 542-7142 |
For
Release Thursday August 8, 2013 |
HUD AWARDS NEW YORK HOUSING AUTHORITIES OVER $300 MILLION TO IMPROVE, PRESERVE NATION'S PUBLIC HOUSING STOCK
Housing authorities across New York use funding to maintain housing for families, seniors
NEW YORK - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today awarded public housing authorities in New York State $307,029,645 that will be used to make major large-scale improvements to their public housing units. (A listing of New York grantees is below.)
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 New York count on this funding to maintain and improve their public housing for many families, especially the most vulnerable - our seniors," said Acting Regional Administrator Mirza Orriols. "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.
NEW YORK GRANTEES | Amount |
Albany Housing Authority | $1,826,481 |
Amsterdam Housing Authority | $297,389 |
Auburn Housing Authority | $58,902 |
Batavia Housing Authority | $179,094 |
Binghamton Housing Authority | $768,062 |
Buffalo Municipal Housing Authority | $8,217,602 |
Canton Housing Authority | $195,683 |
Catskill Housing Authority | $91,008 |
Cohoes Housing Authority | $369,424 |
Cortland Housing Authority | $401,029 |
Dunkirk Housing Authority | $238,456 |
Ellenville Housing Authority | $65,171 |
Elmira Housing Authority | $537,812 |
Freeport Housing Authority | $370,811 |
Geneva Housing Authority | $198,256 |
Glen Cove Public Housing Authority | $320,999 |
Glens Falls Housing Authority | $247,820 |
Gloversville Housing Authority | $325,120 |
Greenburgh Housing Authority | $121,699 |
Harrietstown Housing Authority | $127,032 |
Herkimer Housing Authority | $171,430 |
Hoosick Housing Authority | $29,000 |
Hornell Housing Authority | $179,552 |
Housing Authority of Long Beach | $479,463 |
Housing Authority of Newburgh | $129,032 |
Hudson Housing Authority | $158,857 |
Ilion Housing Authority | $166,410 |
Ithaca Housing Authority | $405,999 |
Jamestown Housing Authority | $204,478 |
Kenmore Municipal Housing Authority | $204,929 |
Kingston Housing Authority | $162,262 |
Lackawanna Municipal Housing Authority | $778,584 |
Lockport Housing Authority | $428,685 |
Malone Housing Authority | $212,136 |
Massena Housing Authority | $291,597 |
Mechanicville Housing Authority | $161,748 |
Monticello Housing Authority | $113,460 |
Mount Kisco Housing Authority | $82,477 |
New Rochelle Housing Authority | $595,217 |
New York City Housing Authority | $260,809,272 |
Newark Housing Authority | $181,945 |
Niagara Falls Housing Authority | $958,270 |
North Hempstead Housing Authority | $149,561 |
North Tarrytown Housing Authority | $85,222 |
Norwich Housing Authority | $121,206 |
Ogdensburg Housing Authority | $376,903 |
Olean Housing Authority | $378,374 |
Oneida Housing Authority | $135,823 |
Oneonta Housing Authority | $115,152 |
Peekskill Housing Authority | $324,881 |
Plattsburgh Housing Authority | $762,373 |
Port Chester Housing Authority | $417,711 |
Port Jervis Housing Authority | $74,273 |
Poughkeepsie Housing Authority | $541,415 |
Rensselaer Housing Authority | $164,153 |
Rochester Housing Authority | $3,558,357 |
Rockville Centre HA | $37,442 |
Rome Housing Authority | $326,427 |
Saratoga Springs Housing Authority | $371,292 |
Schenectady Municipal Housing Authority | $1,187,721 |
St. Johnsville Housing Authority | $49,591 |
Syracuse Housing Authority | $2,724,375 |
Tarrytown Municipal Housing Authority | $156,564 |
The City of Beacon Housing Authority | $235,308 |
The Municipal Hsng Authority City Yonkers | $3,719,073 |
Town of Hempstead Housing Authority | $1,196,880 |
Town of Huntington Housing Authority | $90,480 |
Town of Islip Housing Authority | $336,702 |
Town of Oyster Bay Housing Authority | $750,685 |
Town of Ramapo Housing Authority | $165,138 |
Troy Housing Authority | $1,545,901 |
Tuckahoe Housing Authority | $143,047 |
Tupper Lake Housing Authority | $113,296 |
Utica Housing Authority | $1,583,901 |
Village of Great Neck Housing Authority | $60,903 |
Village of Hempstead HA | $395,282 |
Village of Kiryas Joel HA | $92,871 |
Village of Spring Valley Housing Authority | $147,548 |
Watertown Housing Authority | $881,079 |
Watervliet Housing Authority | $381,257 |
West Carthage Housing Authority | $55,932 |
White Plains Housing Authority | $1,058,818 |
Wilna Housing Authority | $107,165 |
Woodridge Housing Authority | $46,910 |
New York Total | $307,029,645 |
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