HUD Logo
USA%20Flag  
Site Map         A-Z Index         Text   A   A   A
HUD   >   Press Room   >   Press Releases   >   2015   >   HUDNo_15-017
 
 
  
 

HUD No. 15-017
Shantae Goodloe
(202) 708-0685

FOR RELEASE
Thursday
February 12, 2015

HUD AWARDS $1.8 BILLION TO IMPROVE, PRESERVE NATION’S PUBLIC HOUSING
Housing authorities will use funding to maintain housing for families, seniors

WASHINGTON - U.S. Department of Housing and Urban Development (HUD) today awarded nearly $1.8 billion to public housing authorities (PHA) in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands. The funding will allow agencies to make major large-scale improvements to their public housing units.  View funding by public housing authority here.

Today’s grants are provided through HUD’s Capital Fund Program, which offers annual funding to approximately 3,100 public housing authorities (PHA)  to build, repair, renovate and/or modernize the public housing in their communities. These housing authorities use the funding to do large-scale improvements such as replacing roofs or making energy-efficient upgrades to replace old plumbing and electrical systems.

"Every American deserves a place to call home where they can successfully raise their kids, enhance their financial security and build a better life,” said HUD Secretary Julián Castro. "Through this funding, HUD is committed to strengthening our nation's affordable housing units and to providing folks with the springboard they need to succeed.”

For more than 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 each year, 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 1.1 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 in public housing, 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 RAD demonstration in November of 2011, early results show it is generating significant additional capital for public and assisted housing. HUD has made awards to 60,000 public and assisted housing units in more than 340 different projects across the country. Through these awards, housing authorities have proposed to generate approximately $3 billion in capital repairs by leveraging private debt and equity, which will preserve or replace distressed units and support local jobs in their communities - all without additional federal resources.

Currently, the Department has received applications from PHAs for an additional 116,000 units under RAD. To support the growing demand for RAD, the President’s FY 2016 budget proposal requests to eliminate the RAD cap, and provide $50 million to help local public housing agencies to finance the recapitalization of more than 185,000 units of public housing and stimulate private investment.

 The FY2015 Public Housing Capital Funding by state:

State

Amount

Alabama

 $         54,561,426

Alaska

 $           2,056,771

Arizona

 $           7,322,998

Arkansas

 $         16,306,977

California

 $         68,501,042

Colorado

  $        10,452,746

Connecticut

 $         22,725,602

Delaware

 $          4,184,616

District of Columbia

 $         14,153,533

Florida

 $         47,978,986

Georgia

 $         58,918,383

Guam

 $           1,301,660

Hawaii

 $           9,036,788

Idaho

 $              941,276

Illinois

 $       115,854,322

Indiana

 $         21,939,108

Iowa

 $           4,586,250

Kansas

 $         10,097,260

Kentucky

 $         30,551,012

Louisiana

 $         36,633,189

Maine

 $           5,433,859

Maryland

 $         26,949,360

Massachusetts

 $         53,001,395

Michigan

 $         30,984,522

Minnesota

 $         28,632,757

Mississippi

 $         15,465,292

Missouri

 $         25,707,065

Montana

 $           2,603,662

Nebraska

 $           8,024,678

Nevada

 $           1,620,242

New Hampshire

 $           4,725,555

New Jersey

 $         61,232,549

New Mexico

 $           5,411,643

New York

 $       356,747,472

North Carolina

 $         47,075,024

North Dakota

 $           2,068,375

Ohio

 $         72,912,128

Oklahoma

 $         14,697,908

Oregon

 $           8,217,126

Pennsylvania

 $       114,186,528

Puerto Rico

 $       103,246,682

Rhode Island

 $         12,485,503

South Carolina

 $         20,437,618

South Dakota

 $           1,612,844

Tennessee

 $         47,655,822

Texas

 $         73,527,456

Utah

 $           2,403,329

Vermont

 $           1,894,779

Virgin Islands

 $           5,743,371

Virginia

 $         30,412,003

Washington

 $         24,239,935

West Virginia

 $           8,031,838

Wisconsin

 $         16,262,300

Wyoming

 $              856,247

Total

 $    1,772,610,812

 

###

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
http://espanol.hud.gov
. You can also follow HUD on twitter @HUDGov, on facebook at
www.facebook.com/HUD, or sign up for news alerts on HUD's Email List.