HUD Logo
USA%20Flag  
Site Map         A-Z Index         Text   A   A   A
HUD   >   State Information   >   Arkansas   >   News   >   HUDNo.2013-08-08
Reg. VI: 13-81
Patricia Campbell/Scott Hudman
(817) 978-5974/(713) 718-3107
Twitter: @HUDSouthwest
www.hud.gov/news
FOR RELEASE
Thursday
August 8, 2013

HUD AWARDS ARKANSAS HOUSING AUTHORITIES OVER $16 MILLION TO IMPROVE AND PRESERVE PUBLIC HOUSING STOCK
Arkansas Housing Authorities use funding to maintain housing for families, seniors

LITTLE ROCK - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today awarded public housing authorities in Arkansas $16,801,739 that will be used to make major large-scale improvements to their public housing assets. See the end of this release for a list of housing authorities and grant amounts.

The grants announced today are part of 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 Arkansas count on this funding to maintain and improve their public housing for many families, especially the most vulnerable - our seniors," said Mark Brezina, Acting 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. 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.

Capital Fund Grants for Arkansas

Arkadelphia Housing Authority $100,575
Blytheville Housing Authority $450,343
Camden Housing Authority $653,102
Clarendon Housing Authority $103,134
Hope Housing Authority $216,165
Hot Springs Housing Authority $410,697
Housing Authority of the City of Alma $85,370
Housing Authority of the City of Amity $22,607
Housing Authority of the City of Atkins $27,684
Housing Authority of the City of Augusta $123,332
Housing Authority of the City of Bald Knob $44,375
Housing Authority of the City of Batesville $67,160
Housing Authority of the City of Beebe $46,288
Housing Authority of the City of Benton, AR $111,925
Housing Authority of the City of Booneville $39,414
Housing Authority of the City of Brinkley $223,741
Housing Authority of the City of Caraway $47,529
Housing Authority of the City of Carthage $12,785
Housing Authority of the City of Clarksville $190,202
Housing Authority of the City of Coal Hill $18,807
Housing Authority of the City of Conway $163,630
Housing Authority of the City of Cotton Plant $61,354
Housing Authority of the City of Crossett $147,041
Housing Authority of the City of Dardanelle $90,088
Housing Authority of the City of Decatur $30,732
Housing Authority of the City of Dell $13,698
Housing Authority of the City of Des Arc $47,691
Housing Authority of the City of Dover $20,105
Housing Authority of the City of Dumas $130,422
Housing Authority of the City of Earle $77,149
Housing Authority of the City of England $128,632
Housing Authority of the City of Fayetteville $279,858
Housing Authority of the City of Forrest City $517,932
Housing Authority of the City of Gould $19,631
Housing Authority of the City of Greenwood $33,910
Housing Authority of the City of Gurdon $31,343
Housing Authority of the City of Heber Springs $78,401
Housing Authority of the City of Helena $369,865
Housing Authority of the City of Hickory Ridge $15,104
Housing Authority of the City of Hoxie $19,795
Housing Authority of the City of Hughes $44,839
Housing Authority of the City of Imboden $40,565
Housing Authority of the City of Judsonia $28,609
Housing Authority of the City of Kensett $38,389
Housing Authority of the City of Lake City $41,864
Housing Authority of the City of Leachville $96,584
Housing Authority of the City of Little Rock $1,224,620
Housing Authority of the City of Luxora $61,941
Housing Authority of the City of Magnolia $190,936
Housing Authority of the City of Malvern $200,179
Housing Authority of the City of Mammoth Spring $22,272
Housing Authority of the City of Manila $93,391
Housing Authority of the City of Marianna $285,612
Housing Authority of the City of Marmaduke $68,514
Housing Authority of the City of McCrory $42,035
Housing Authority of the City of McGehee $60,339
Housing Authority of the City of McRae $17,317
Housing Authority of the City of Melbourne $61,689
Housing Authority of the City of Monette $50,970
Housing Authority of the City of Morrilton $235,823
Housing Authority of the City of Mount Ida $22,448
Housing Authority of the City of Newark $24,299
Housing Authority of the City of Newport $354,281
Housing Authority of the City of Ola $123,999
Housing Authority of the City of Osceola $452,863
Housing Authority Of The City Of Ozark $42,039
Housing Authority of the City of Paris $57,922
Housing Authority of the City of Parkin $59,707
Housing Authority of the City of Pine Bluff $323,457
Housing Authority of the City of Pocahontas $148,421
Housing Authority of the City of Prescott $106,725
Housing Authority of the City of Rector $79,228
Housing Authority of the City of Rison $34,387
Housing Authority of the City of Salem $50,622
Housing Authority of the City of Sparkman $16,596
Housing Authority of the City of Stephens $61,657
Housing Authority of the City of Texarkana $469,964
Housing Authority of the City of Van Buren $218,001
Housing Authority of the City of Waldron $106,362
Housing Authority of the City of West Helena $277,192
Housing Authority of the City of Wilson $69,288
Housing Authority of the City of Yellville $22,617
Housing Authority of the County of Howard $188,935
Housing Authority of the County of Poinsett $362,224
Housing Authority of the County of Sevier $125,911
Jacksonville Housing Authority $115,947
Jonesboro Urban Renewal HA $189,504
Little River County Housing Authority $155,838
Lonoke County Housing Authority $133,012
North Little Rock Housing Authority $1,117,075
NW Regional Housing Authority $66,752
Paragould Housing Authority $216,428
Pike County Housing Authority $27,820
Polk County Housing Authority $204,955
Russellville Housing Authority $191,016
Searcy Housing Authority $161,451
Springdale Housing Authority $209,006
Star City Housing Authority $58,793
Stuttgart Housing Authority $121,393
The Housing Authority of the City of Fort Smi $519,178
Trumann Housing Authority $464,213
Warren Housing Authority $198,618
West Memphis Housing Authority $472,509
White River Regional Housing Authority $120,442
Wynne Housing Authority $80,540
Arkansas  Total $16,801,739

###

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 @HUDgov or on Facebook at www.facebook.com/HUD, or sign up for news alerts on HUD's Email List.