HUD earmarks $47.4M for NC housing authorities

By: Roberta Fuchs//February 15, 2016//

HUD earmarks $47.4M for NC housing authorities

By: Roberta Fuchs//February 15, 2016//

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The U.S. Department of Housing and Urban Development is allocating more than $1.8 billion to public housing authorities across the United States and in Guam, Puerto Rico, and the U.S. Virgin Islands.

North Carolina will receive $47.4 million. Nearly $4.9 million of that amount is earmarked for the Charlotte Housing Authority.

The grants for capital improvements are provided through HUD’s Capital Fund Program, which provides annual outlays to 3,100 agencies to build, repair and renovate public housing. Such funds are used for large-scale improvements such as replacing roofs and upgrading plumbing and electrical systems.

“HUD has a responsibility to provide public housing residents with a quality and safe roof over their heads,” said HUD Secretary Julian Castro in a press release. “This funding, in addition to assistance from the private sector through HUD’s Rental Assistance Demonstration Program, will help housing authorities address longstanding capital improvements and preserve and enhance America’s affordable housing.”

Other local agencies receiving funding include the Hickory Public Housing Authority, Shelby Department of Housing, Rowan County Housing Authority, and the housing authorities of Belmont, Albemarle, Mount Holly, Gastonia, Lincolnton, Belmont, Mooresville, Concord, Shelby, Kings Mountain and Salisbury.

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