HUD No. 24-101 HUD Public Affairs (202) 708-0685 |
FOR RELEASE Monday May 6, 2024 |
HUD Announces New Critical Investments in our Nation’s Public Housing
The Public Housing Repair fund will allow housing authorities to modernize or develop public housing for individuals, families, and seniors.
WASHINGTON - Today, the U.S. Department of Housing and Urban Development (HUD) awarded $3.17 billion in Public Housing Repair funding to 2,756 public housing authorities (PHAs) in all 50 states as well as the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands to make capital investments to their public housing stock. Specifically, PHAs can utilize this funding for the development, financing, modernization, and management improvements of public housing developments. To see all the local grants announced today, click here.
“At HUD, our mission is to create strong, sustainable, inclusive communities and quality homes for all,” said HUD Acting Secretary Adrianne Todman. “Today’s grant funding is a necessary investment that will not only ensure that the homes offered in public housing fit the needs of its residents, but it will also strengthen neighborhoods for generations to come.”
The grants announced today are provided through HUD's Capital Fund Program, which offers annual funding to all public housing authorities to build, renovate, and/or modernize the public housing in their communities. Housing authorities can use the funding to complete large-scale improvements such as replacing roofs or making energy-efficient upgrades to heating systems and installing water conservation measures.
For more than 80 years, the federal government has been investing billions of dollars in developing and maintaining public housing, including providing critical support through the Capital Fund grants announced today.