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HUD Awards Over $400K to Local Housing Authorities

 

By Press Release

WASHINGTON DC —The U.S. Department of Housing and Urban Development (HUD) announced that over $68 million dollars has been awarded to public housing authorities throughout the state of New Jersey as part of its capital fund program. Of that money, over $400,000 will be sent to three authorities in Cape May County.
The Cape May Housing Authority is set to receive $93,546; Ocean City’s Housing Authority will be receiving $128,654; and the Wildwood Housing Authority will receive $193,726.
According to a statement issued by HUD, “this funding can be used to make large-scale improvements such as new roofs and to make energy-efficient upgrades to replace old plumbing and electrical systems.”
“Unless we transform the day we fund our public housing authorities,” said Sandra Henriquez, HUD Assistant Secretary for Public and Indian Housing, “local managers will be increasingly forced to choose between repairing roofs, replacing plumbing, or worst of all, demolishing or selling their properties. We simply cannot afford to let this happen.”

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