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HUD   >   State Information   >   Tennessee   >   News   >   HUDNo.2013-08-08

HUD Release: 8-8-13
Knoxville/Nashville: Ed Ellis (865) 474-8205
Memphis: John Gemmill (901) 544-3403

FOR RELEASE
Thursday
August 8, 2013

HUD AWARDS TENNESSEE HOUSING AUTHORITIES OVER $49 MILLION TO IMPROVE, PRESERVE NATION'S PUBLIC HOUSING STOCK
Housing authorities across the U.S., territories use funding to maintain housing for families, seniors

KNOXVILLE - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today awarded public housing authorities in Tennessee, $49,540,429, which 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 Tennessee count on this funding to maintain and improve their public housing for many families, especially the most vulnerable – our seniors," said Ed Jennings, Jr., HUD SE 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.

Tennessee Athens Housing Authority $597,493
  Bolivar Housing Authority $128,373
  Bristol Housing $346,043
  Brownsville Housing Authority $204,789
  Chattanooga Housing Authority $4,147,647
  Cleveland Housing Authority $534,556
  Clinton Housing Authority $167,320
  Columbia Housing and Redevelopment Corporation $372,695
  Cookeville Housing Authority $757,480
  Covington Housing Authority $360,548
  Crossville Housing Authority $437,961
  Dayton Housing Authority $401,506
  Dickson Housing Authority $136,873
  Dyersburg Housing Authority $691,864
  Elizabethton Housing and Development Agency $392,003
  Erin Housing Authority $69,490
  Erwin Housing Authority $76,923
  Etowah Housing Authority $143,713
  Fayetteville Housing Authority $334,241
  Franklin County Housing Authority $280,127
  Franklin Housing Authority $374,019
  Gallatin Housing Authority $623,197
  Gallaway Housing Authority $58,109
  Greeneville Housing Authority $417,189
  Grundy Housing Authority $126,620
  Harriman Housing Authority $412,913
  Hartsville Housing Authority $39,852
  Hohenwald Housing Authority $137,349
  Humboldt Housing Authority $353,868
  Huntingdon Housing Authority $182,319
  Jackson Housing Authority $1,314,372
  Jefferson City Housing Authority $228,032
  Jellico Housing Authority $127,115
  Johnson City Housing Authority $949,370
  Kingsport Housing and Redevelopment Authority $614,453
  Knoxville's Community Development Corp. $4,911,301
  Lafayette Housing Authority $127,143
  LaFollette Housing Authority $1,310,560
  Lawrenceburg Housing Authority $389,554
  Lebanon Housing Authority $479,553
  Lenoir City Housing Authority $159,896
  Lewisburg Housing Authority $267,473
  Lexington Housing Authority $156,912
  Livingston Housing Authority $69,472
  Loudon Housing Authority $136,201
  Manchester Housing Authority $79,953
  Martin Housing Authority $383,868
  Maryville Housing Authority $486,994
  McKenzie Housing Authority $180,669
  McMinnville Housing Authority $599,806
  Memphis Housing Authority $7,095,630
  Metropolitan Development & Housing Agency $7,842,713
  Milan Housing Authority $124,337
  Millington Housing Authority $108,584
  Morristown Housing Authority $951,591
  Mt. Pleasant Housing Authority $131,295
  Murfreesboro Housing Authority $441,696
  Newbern Housing Authority $184,774
  Newport Housing Authority $532,185
  Oak Ridge Housing Authority $138,729
  Oliver Springs Housing Authority $130,972
  Paris Housing Authority $230,829
  Parsons-Decaturville Housing Authority $86,531
  Portland Housing Authority $130,841
  Pulaski Housing Authority $243,542
  Ripley Housing Authority $313,965
  Rockwood Housing Authority $138,284
  Rogersville Housing Authority $223,867
  Savannah Housing Authority $78,992
  Sevierville Housing Authority $287,416
  Shelbyville Housing Authority $563,054
  Smithville Housing Authority $223,582
  South Carthage Housing Authority $81,509
  South Pittsburg Housing Authority $215,840
  Sparta Housing Authority $196,632
  Springfield Housing Authority $516,059
  Sweetwater Housing Authority $186,299
  The Clarksville Housing Authority $722,342
  Trenton Housing Authority $283,576
  Tullahoma Housing Authority $327,092
  Union City Housing Authority $331,298
  Waverly Housing Authority $77,396
  Woodbury Housing Authority $119,200
  Tennessee Total $49,540,429