HUD Region V No. 13-61 Laura J. Feldman (312) 913-8332 Follow us on Twitter @HUDMidwest |
For
Release Thursday August 8, 2013 |
HUD AWARDS OHIO HOUSING AUTHORITIES NEARLY $75 MILLION TO IMPROVE, PRESERVE NATION'S PUBLIC HOUSING STOCK
Housing authorities across the U.S., territories use funding to maintain housing for families, seniors
CHICAGO - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today awarded public housing authorities in Ohio nearly $75 million for major large-scale improvements to their public housing units.
See chart below for list of housing authorities in Ohio who will receive this funding.
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 Ohio count on this funding to maintain and improve their public housing for many families, especially the most vulnerable - our seniors," said Antonio R. Riley, HUD's Midwest Regional Administrator. "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.
Public Housing Authority | 2013 Capital Funding |
Adams Metropolitan Housing Authority | $166,207 |
Akron Metropolitan Housing Authority | $6,570,562 |
Allen Metropolitan Housing Authority | $320,182 |
Ashtabula Metropolitan Housing Authority | $748,662 |
Athens Metropolitan Housing Authority | $98,064 |
Belmont Metropolitan Housing Authority | $844,745 |
Brown Metropolitan Housing Authority | $26,166 |
Butler Metropolitan Housing Authority | $1,502,407 |
Cambridge Metropolitan Housing Authority | $208,818 |
Chillicothe Metropolitan Housing Authority | $460,350 |
Cincinnati Metropolitan Housing Authority | $10,641,216 |
Clermont Metropolitan Housing Authority | $241,707 |
Columbiana Metropolitan Housing Authority | $548,813 |
Columbus Metropolitan Housing Authority | $4,538,218 |
Coshocton Metropolitan Housing Authority | $151,450 |
Cuyahoga Metropolitan Housing Authority | $21,359,840 |
Dayton Metropolitan Housing Authority | $5,634,710 |
Erie Metropolitan Housing Authority | $275,205 |
Fairfield Metropolitan Housing Authority | $132,209 |
Gallia Metropolitan Housing Authority | $163,228 |
Geauga Metropolitan Housing Authority | $248,745 |
Greene Metropolitan Housing Authority | $447,684 |
Harrison Metropolitan Housing Authority | $40,329 |
Hocking Metropolitan Housing Authority | $176,903 |
Ironton Metropolitan Housing Authority | $312,155 |
Jackson County Metropolitan Housing Authority | $165,943 |
Jefferson Metropolitan Housing Authority | $990,374 |
Lake Metropolitan Housing Authority | $211,967 |
Licking Metropolitan Housing Authority | $80,824 |
Logan County Metropolitan Housing Authority | $135,504 |
London Metropolitan Housing Authority | $101,241 |
Lorain Metropolitan Housing Authority | $1,807,116 |
Lucas Metropolitan Housing Authority | $4,172,545 |
Medina Metropolitan Housing Authority | $68,701 |
Miami Metropolitan Housing Authority | $134,223 |
Morgan Metropolitan Housing Authority | $69,545 |
Noble Metropolitan Housing Authority | $28,819 |
Parma Public Housing Agency | $66,016 |
Perry County Metropolitan Housing Authority | $135,382 |
Pickaway Metropolitan Housing Authority | $144,727 |
Pike Metropolitan Housing Authority | $115,664 |
Portage Metropolitan Housing Authority | $375,720 |
Portsmouth Metropolitan Housing Authority | $1,110,175 |
Sandusky Metropolitan Housing Authority | $51,355 |
Shelby Metropolitan Housing Authority | $199,458 |
Springfield Metropolitan Housing Authority | $933,370 |
Stark Metropolitan Housing Authority | $3,080,360 |
Trumbull Metropolitan Housing Authority | $1,594,311 |
Warren Metropolitan Housing Authority | $242,758 |
Wayne Metropolitan Housing Authority | $218,957 |
Youngstown Metropolitan Housing Authority | $1,887,775 |
Zanesville Metropolitan Housing Authority | $915,529 |
Ohio Total | $74,896,934 |
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