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HUD   >   State Information   >   Mississippi   >   News   >   HUDNo.2013-08-08
HUD - 130803
Gloria Shanahan
(305) 520-5030
FOR RELEASE
Thursday
August 8, 2013

HUD AWARDS MISSISSIPPI HOUSING AUTHORITIES $19.2 MILLION TO IMPROVE, PRESERVE NATION'S PUBLIC HOUSING STOCK
Housing authorities across the U.S., territories use funding to maintain housing for families, seniors

JACKSON, MS - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today awarded public housing authorities in Mississippi $19,248,499 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 Mississippi 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 MISSISSIPPI

Public Housing Authority 2013 Capital Funding
Bay Waveland Housing Authority $295,835
Housing Authority of the City of Vicksburg $562,878
Mississippi Regional Housing Authority No. IV $521,100
Mississippi Regional Housing Authority No. V $755,130
Mississippi Regional Housing Authority No. VI $173,532
Mississippi Regional Housing Authority No. VII $139,821
Mississippi Regional Housing Authority No. VIII $2,138,151
Oxford Housing Authority $272,616
Tennessee Valley Regional Housing Authority $1,960,682
The Housing Authority of Attala County $76,309
The Housing Authority of the City of Aberdeen $190,546
The Housing Authority of the City of Amory $131,393
The Housing Authority of the City of Baldwyn $68,996
The Housing Authority of the City of Biloxi $1,188,058
The Housing Authority of the City of Booneville $180,218
The Housing Authority of the City of Brookhaven $400,185
The Housing Authority of the City of Canton $164,512
The Housing Authority of the City of Clarksdale $378,720
The Housing Authority of the City of Columbus $654,152
The Housing Authority of the City of Corinth $411,875
The Housing Authority of the City of Forest $102,293
The Housing Authority of the City of Greenwood $539,930
The Housing Authority of the City of Hattiesburg $348,077
The Housing Authority of the City of Hazlehurst $156,253
The Housing Authority of the City of Holly Springs $100,605
The Housing Authority of the City of Itta Bena $88,566
The Housing Authority of the City of Iuka $85,566
The Housing Authority of the City of Jackson $665,987
The Housing Authority of the City of Laurel $813,621
The Housing Authority of the City of Louisville $185,595
The Housing Authority of the City of McComb $568,095
The Housing Authority of the City of Meridian $1,498,938
The Housing Authority of the City of Mound Bayou $122,374
The Housing Authority of the City of Natchez $366,343
The Housing Authority of the City of Okolona $77,629
The Housing Authority of the City of Picayune $386,514
The Housing Authority of the City of Pontotoc $91,153
The Housing Authority of the City of Sardis $94,530
The Housing Authority of the City of Senatobia $146,356
The Housing Authority of the City of Starkville $323,913
The Housing Authority of the City of Summit $36,480
The Housing Authority of the City of Tupelo $590,771
The Housing Authority of the City of Walnut $40,790
The Housing Authority of the City of Water Valley $245,369
The Housing Authority of the City of Waynesboro $55,365
The Housing Authority of the City of West Point $293,100
The Housing Authority of the City of Winona $204,196
The Housing Authority of the City of Yazoo City $355,381
Mississippi Total $19,248,499