Real Estate Blog

Fresno Housing Authority awarded $2.3 million to renovate properties

The U.S. Department of Housing and Urban Development is providing more than $1.8 billion to public housing authorities nationwide and in U.S. territories – more than $67 million in California – to build, repair, renovate and modernize their properties.

The Fresno Housing Authority will receive more than $2.3 million: $1,096,547 for the city and $1,272,619 for the county.

The grants, announced in February, are provided through HUD’s Capital Fund Program which provides money to 3,100 housing authorities nationwide. The agencies use the grants for large-scale improvements such as replacing roofs, making energy-efficient upgrades and replacing old plumbing and electrical systems.

The program complements the Obama Administration’s Rental Assistance Demonstration, first introduced in 2013, to preserve the country’s affordable housing stock by leveraging public and private funding for needed improvements.

The Fresno Housing Authority embarked on a $40 million RAD renovation program in 2014 to make over hundreds of apartments in nine apartment complexes across the county.

“HUD has a responsibility to provide public housing residents with a quality and safe roof over their heads,” said HUD Secretary Julian Castro. “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.”

BoNhia Lee: 559-441-6495, @bonhialee

Capital Fund Program Grants

Housing Authority

Total

Housing Authority City Of Fresno

$1,096,547

Housing Authority of Fresno County

$1,272,618

Housing Authority of the City of Madera

$421,167

Kings County Housing Authority

$496,398

Tulare County Housing Authority

$1,178,369

Source: U.S. Department of Housing and Urban Development

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