The U.S. Department of Housing and Urban Developments’ Secretary Shaun Donovan approved a grant of more than $128 Million for the public housing authorities in Illinois to be used for major large-scale improvement projects, such as new roofs and energy-efficient upgrades, in the public housing sector.
This fund will be provided by HUD’s Capital Fund Program, which provides the funds for all public housing authorities to build, repair, renovate and/or modernize the public housing in their communities annually.
“This funding will help housing authorities address long-standing capital improvements, but it only scratches the surface in addressing the deep backlog we’re seeing across the country,” said Donovan. “Today, we are closer to helping housing authorities and our private sector partners undertake their capital needs over the long haul. With the passage of HUD’s 2012 budget, Congress gave HUD the go-ahead for a new, comprehensive and critical demonstration tool that we believe will help preserve and enhance America’s affordable housing, including public housing.”
Sandra B. Henriquez, HUD Assistant Secretary for Public and Indian Housing, added, “We see Congress’ decision to allow this demonstration to begin as a victory, not only for HUD, but for countless communities that desperately want to improve their public housing and other affordable housing, as well as a victory for families who need quality housing they can afford and who want more options on where they might choose to live.”
Chicago Housing Authority will receive the most funds which is $80,834,588.00, the Housing Authority of City of East St. Louis will receive $2,976,977.00, Springfield Housing Authority will receive $1,215,617.00 and the least amount will go to Hancock County Housing Authority with $28,476.00.
The federal government has invested billions over the past 75 years in the development and maintenance of public and multifamily housing, including providing critical support through HUD’s Capital Fund.
“These grants are essential in helping the housing authorities in Illinois preserve public housing in the best shape possible,” said Antonio R. Riley, HUD’s Midwest Regional Administrator.