HUD Archives: News Releases

Everard B. Mattox
(804) 822-4807
For Release
June 17, 2010


RICHMOND - U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $38,892,673 to public housing authorities in Virginia. The funds will allow these agencies to make major capital improvements to their
public housing units. This funding is part of $2.3 billion HUD awarded today to 3,131 agencies across the U.S., the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Virginia grantees are listed at the end.

"Housing authorities will add this funding to the $4 billion from the American Recovery and Reinvestment Act of 2009 they received last year to continue addressing long-standing capital improvements that public housing communities need," said Donovan. "This funding will also stimulate the economy and create jobs in these communities."

The funding announced today is allocated through HUD's Capital Fund Program that provides annual funding to public housing authorities to develop, finance, 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.

While these grants have provided important funding to housing authorities for the past 75 years, HUD is proposing
in its 2011 budget a new initiative - Preservation, Enhancement and Transforming Rental Assistance (PETRA) - that, will offer housing authorities options to enable them to leverage public and private financing to address capital
needs and make public housing units affordable for the long term. HUD estimates that unfunded capital needs of the nation's 1.2 million public housing units range from $20 to $30 billion.

PETRA would enable federal housing programs to leverage $7 billion in other capital in the first year - and as much
as $25 billion in the years to come - giving owners of affordable housing access to the resources they need to preserve this housing into the future. In its 2011 budget proposal before Congress, HUD is requesting $350 million
to fund the first phase of the PETRA initiative, which will preserve 300,000 units of public and assisted housing; streamline and increase program administrative efficiency; and enhance housing choice for residents.

HUD Assistant Secretary Sandra Henriquez said, "This funding is a great resource for housing authorities, but we believe this new approach will give housing authorities a better way to address their capital needs over the long


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 and

Virginia Awards

Abingdon Redevelopment And Housing Authority Abingdon $45,701
Alexandria Redevelopment Housing Authority Alexandria $1,294,344
Bristol Redevelopment Housing Authority Bristol $683,085
Charlottesville Redev Housing Authority Charlottesville $628,131
Chesapeake Redevelopment Housing Authority Chesapeake $817,258
Cumberland Plateau Regional Housing Authority Lebanon $401,426
Danville Redevelopment Housing Authority Danville $939,386
Fairfax County Redevelopment Housing Authority Fairfax $1,900,288
Franklin Redevelopment And Housing Authority Franklin $406,403
Hampton Redevelopment Housing Authority Hampton $1,195,225
Harrisonburg Redevelopment Housing Authority Harrisonburg $176,898
Hopewell Redevelopment Housing Authority Hopewell $779,423
Lee County Redevelopment Housing Authority Jonesville $160,865
Lynchburg Redevelopment Housing Authority Lynchburg $587,855
Marion Redevelopment Housing Authority Marion $407,064
Newport News Redevelopment Housing Authority Newport News $3,513,972
Norfolk Redevelopment Housing Authority Norfolk $7,363,415
Norton Redevelopment Housing Authority Norton $372,788
Petersburg Redevelopment Housing Authority Petersburg $837,261
Portsmouth Redevelopment Housing Authority Portsmouth $3,136,919
Richmond Redevelopment Housing Authority Richmond $8,312,583
Roanoke Redevelopment Housing Authority Roanoke $2,552,313
Scott County Redevelopment Housing Authority Duffield $148,871
Staunton Redevelopment Housing Authority Staunton $273,200
Suffolk Redevelopment And Housing Authority Suffolk $753,045
Waynesboro Redevelopment Housing Authority Waynesboro $319,257
Williamsburg Redevelopment Housing Authority Williamsburg $174,866
Wise County Redevelopment Housing Authority Coeburn $334,754
Wytheville Redev. Housing Authority Wytheville $376,077
Virginia Total   $38,892,673


Content Archived: May 18, 2012