BOSTON — Several dozen communities throughout Massachusetts are slated to receive an estimated $88 million from the U.S. Department of Housing and Urban Development's Capital Fund Program to improve public housing units later this year.
The grants were announced Friday as part of HUD’s $2.7 billion initiative to help fund the modernization and renovation of national Public Housing Authorities across the nation. HUD’s Capital Fund Program annually offers funding to approximately 2,900 community PHAs to help build, maintain and improve public housing units, including long term improvements and energy-efficient solutions.
In response to a growing demand for affordable rental housing, HUD provides Rental Assistance Demonstration, a program to help maintain and subsidize affordable housing for an estimated 1.2 million low-income families which include the leverage of public and private funding for critical improvements and preservation.
The Massachusetts Department of Housing and Community Development, which is currently overseen by HUD, received approximately $53 million in allocations for the fiscal year of 2019.
“This funding will assist Massachusetts public housing agencies as they work to provide the best housing possible for their residents,” said David Tille, HUD New England Regional Administrator, in a statement.
The largest portion of the $88 million grant will go to the Boston Housing Authority, which is scheduled to receive $29 million. Other communities include the Worcester Housing Authority which will receive an estimated $6.2 million, while New Bedford and Lowell will obtain approximately $5.5 million and $4.8 million respectively.
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