Times-Herald (Vallejo)

Housing Authority gets $200,000 from HUD

- Times-Herald staff report

Benicia’s housing authority has received $207,978 from the federal government to make capital improvemen­ts to public housing in town.

The money is part of the U.S. Department of Housing and Urban Developmen­t (HUD)’s Capital Fund Program, which offers annual funding to approximat­ely 2,900 public housing authoritie­s to build, repair, renovate and/or modernize the public housing in their communitie­s, according to a HUD press release.

The agency said it awarded more than $2.7 billion to public housing authoritie­s (PHA) in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands.

Housing authoritie­s use the funding to complete large-scale improvemen­ts such as replacing roofs or making energy-efficient upgrades to replace old plumbing and electrical systems, officials added.

To help provide residents with decent, safe and sanitary housing and respond to the growing demand for affordable rental housing, HUD uses the Rental Assistance Demonstrat­ion (RAD), a comprehens­ive strategy that complement­s the Capital Fund Program.

In 2011, HUD released Capital Needs in the Public Housing Program, a third-party independen­t study that estimated the capital needs in the public housing stock in the U.S. The study found the nation’s then-1.1 million public housing units were facing an estimated $25.6 billion.

Since Congress authorized the RAD demonstrat­ion in November of 2011, early results show it is generating significan­t additional capital for distressed public housing. As a result, 130,000 public housing units have converted to a more sustainabl­e Section 8 financing platform, all without any additional costs to taxpayers.

Public housing authoritie­s and their partners have generated over $8.6 billion to preserve or replace distressed units and support local jobs in their communitie­s — all without additional federal resources.

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