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HUD - 130802
Gloria Shanahan
(305) 520-5030
FOR RELEASE
Thursday
August 8, 2013

HUD AWARDS FLORIDA HOUSING AUTHORITIES $47.5 MILLION TO IMPROVE, PRESERVE NATION'S PUBLIC HOUSING STOCK
Housing authorities across the U.S., territories use funding to maintain housing for families, seniors

MIAMI - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today awarded public housing authorities in Florida $47,589,476 that will be used to make major large-scale improvements to their public housing units. See detailed funding chart 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 Florida count on this funding to maintain and improve their public housing for many families, especially the most vulnerable – our seniors," said Ed Jennings, Jr., the HUD Southeast 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.

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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 News Listserv

CAPITAL FUND GRANTS IN FLORIDA

Public Housing Authority 2013 Capital Funding
Alachua County Housing Authority $383,343
Arcadia Housing Authority $154,280
Area Housing Commission $695,136
Brooksville Housing Authority $140,677
Broward County Housing Authority $732,445
Chipley Housing Authority $99,365
Clearwater Housing Authority $714,891
Columbia County Housing Authority $100,556
Crestview Housing Authority $337,540
Dania Beach Housing Authority $53,709
DeFuniak Springs Housing Authority $60,954
DeLand Housing Authority $388,655
Delray Beach Housing Authority $229,907
Dunedin  Housing Authority $63,066
Fort Walton Beach Housing Authority $211,181
Gainesville Housing Authority $768,822
Gilchrist County Housing Authority $10,387
Housing Authority Boca Raton $107,276
Housing Authority Hollywood $129,342
Housing Authority Lee County $157,994
Hialeah Housing Authority $1,184,747
Housing Authority of Avon Park $138,025
Housing Authority  of Bartow $93,309
Housing Authority  of Brevard County $705,084
Housing Authority of City of Daytona Beach $1,153,669
Housing Authority of City of Fernandina Beach $71,789
Housing Authority of New Smyrna Beach $135,734
Housing Authority  of Pompano Beach $133,433
Housing Authority of Springfield $41,551
Housing Authority of the City of Apalachicola $68,678
Housing Authority  of the City of Bradenton $315,642
Housing Authority  of the City of Cocoa $536,510
Housing Authority  of the City of Deerfield Beach $215,674
Housing Authority of the City of Eustis $70,233
Housing Authority of the City of Fort Lauderdale $994,891
Housing Authority  of the City of Fort Pierce $1,141,077
Housing Authority  of the City of Key West $701,157
Housing Authority  of the City of Lakeland $522,971
Housing Authority of the City of Live Oak $119,058
Housing Authority of the City of Marianna $99,691
Housing Authority  of the City of Miami Beach $167,291
Housing Authority  of the city of Mulberry $31,255
Housing Authority of the City of  St. Petersburg $676,881
Housing Authority  of the City of Stuart $79,050
Housing Authority of the City of Tistusville $309,423
Housing Authority of the City of Winter Park $188,560
Housing Authority of the County of Flagler $141,018
Housing Authority  of the City of Fort Myers $1,091,349
Jacksonville Housing Authority $3,387,222
Lake Wales Housing Authority $156,781
Levy County Housing Authority $137,219
Macclenny Housing Authority $89,647
Manatee County  Housing Authority $100,979
Melbourne Housing Authority $329,601
Miami Dade Public Housing and Community Development $10,900,711
Milton Housing Authority $113,181
Monroe County Housing Authority $56,419
Niceville Housing Authority $122,998
Northwest Florida Regional Housing Authority $509,415
Ocala Housing Authority $193,934
Orlando Housing Authority $2,221,046
Ormond Beach Housing Authority $45,199
Pahokee Housing Authority $718,599
Palatka Housing Authority $612,581
Palm Beach County Housing Authority $697,839
Panama City Housing Authority $543,140
Pasco County Housing Authority $221,141
Pinellas County Housing Authority $670,088
Plant City Housing Authority $252,000
Punta Gorda Housing Authority $256,768
Riviera Beach Housing Authority $164,780
Sarasota Housing Authority $697,795
Seminole County Housing Authority $35,116
Suwannee County Housing Authority $22,620
Tallahassee Housing Authority $838,808
Tampa Housing Authority $4,666,845
Tarpon Springs Housing Authority $246,135
The Housing Authority of the City of Sanford $576,653
Union County Housing Authority $133,011
Venice Housing Authority $58,085
West Palm Beach Housing Authority $861,906
Winter Haven Housing Authority $283,938
Florida Total $47,589,476