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HUD   >   State Information   >   South Carolina   >   News   >   HUDNo.2013-08-08
HUD Release 8-8-13
Joseph J. Phillips
(678) 732-2943
FOR RELEASE
Thursday
August 8, 2013

HUD AWARDS SOUTH CAROLINA HOUSING AUTHORITIES OVER $19 MILLION TO IMPROVE, PRESERVE NATION'S PUBLIC HOUSING STOCK
Housing authorities across the U.S., territories use funding to maintain housing for families, seniors

ATLANTA - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today awarded public housing authorities in South Carolina $19,177,868 that will be used to make major large-scale improvements to their public housing units.

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 South Carolina count on this funding to maintain and improve their public housing for many families, especially the most vulnerable - our seniors," said HUD SE Regional Administrator Ed Jennings, Jr. "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

South Carolina Charleston CO HSG & Redev Authority $314,002
  Housing Authority of Darlington $210,015
  Housing Authority of Abbeville $164,777
  Housing Authority of Aiken $474,984
  Housing Authority of Anderson $351,761
  Housing Authority of Atlantic Beach $54,670
  Housing Authority of Beaufort $386,380
  Housing Authority of Bennettsville $194,554
  Housing Authority of Cheraw $304,233
  Housing Authority of Chester $153,029
  Housing Authority of Conway $335,690
  Housing Authority of Easley $111,784
  Housing Authority of Florence $1,017,205
  Housing Authority of Fort Mill $180,721
  Housing Authority of Gaffney $352,918
  Housing Authority of Georgetown $401,138
  Housing Authority of Greenville $982,956
  Housing Authority of Greenwood $329,401
  Housing Authority of Greer $198,296
  Housing Authority of Hartsville $127,606
  Housing Authority of Kingstree $174,790
  Housing Authority of Lake City $358,681
  Housing Authority of Lancaster $193,775
  Housing Authority of Laurens $150,983
  Housing Authority of Marion $495,880
  Housing Authority of McColl $42,131
  Housing Authority of Mullins $249,262
  Housing Authority of N Charleston $283,631
  Housing Authority of Newberry $416,821
  Housing Authority of Rock Hill $505,152
  Housing Authority of Spartanburg $1,490,403
  Housing Authority of Sumter $396,208
  Housing Authority of the City of Cayce $45,628
  Housing Authority of the City of Charleston $1,810,431
  Housing Authority of the City of Columbia $2,368,523
  Housing Authority of Union $383,793
  Housing Authority of Woodruff $109,675
  Housing Authority of York $142,862
  Marlboro CO HSG & Redev Authority $69,619
  SC Regional Housing Authority No 1 $1,852,511
  SC Regional Housing Authority No 3 $990,989
South Carolina Total $19,177,868