Real Estate Weekly
Image default
Coronavirus Finance

State’s public housing authorities to share $42M HUD funding

New York’s public housing authorities will share in $42 million in federal aid to cover the cost of protecting tenants and staff during the coronavirus pandemic.

U.S. Department of Housing and Urban Development Secretary Ben Carson today announced the allocation of $380 million in supplemental administrative fee funding to all Public Housing Authorities (PHA), including Moving to Work (MTW) PHAs. 

Over $42 million will be made available to New York PHAs.  The two months of additional funding may be used for traditional administrative fees as well as for new costs related to protecting assisted families and employees throughout this coronavirus pandemic. The funding, made available by the CARES Act legislation President Trump signed into law on March 27, 2020, will be awarded to PHAs across the Nation.  

“We must do everything in our power to protect all American families from this invisible enemy, including our vulnerable in the Housing Choice Voucher Program,” said Secretary Carson. “These new flexibilities and additional funds will properly equip Public Housing Authorities across the country with the resources they need to combat this virus.” 

“This Administration has gone above and beyond to ensure public housing residents are healthy and safe during the COVID-19 Pandemic, recognizing that low-income tenants have limited options to quarantine themselves and can’t afford many unexpected expenses,” said Lynne Patton, Regional Administrator for New York and New Jersey.  “Our region is ground zero for COVID-19 in the nation, and housing authorities can use this funding quickly to serve their residents.

The Housing Choice Voucher Program (HCV) includes the Mainstream Program, which provides tenant-based vouchers that serve households that include a non-elderly person with a disability and serves over 2.4 million families.

The new eligible coronavirus-related activities include, but are not limited to, the following:

Procuring cleaning supplies and/or services to maintain safe and sanitary HCV units, including common areas of PHA-owned Project Based Voucher (PBV) projects.

Relocation of participating families to health units or other designated units for testing, hospitalization, or quarantine, or transportation to these locations to limit the exposure that could be caused by using mass transportation.

Additional costs to supportive services vendors incurred due to coronavirus.

Costs to retain or increase owner participation in the HCV Program, such as incentive or retention costs (e.g. the PHA offers owner an incentive payment to participate in recognition of added difficulties of making units available for HCV families to rent while stay-at-home orders or social distancing practices are in effect).

Costs for providing childcare for the children of PHA staff that would not have otherwise been incurred (e.g. children are at home due to school closings, PHA staff are working outside of regular work schedules, etc).

After President Trump signed the CARES Act into law, HUD allocate its first wave of funding, over $3 billion to assist communities and non-profits, help protect the homeless and Americans with compromised immune systems, and assist Tribal communities in their COVID-19 response efforts. Last week, HUD announced an additional $685 million for PHAs to prepare for, prevent, and respond to a coronavirus outbreak for the public housing program.

“HUD is committed to assisting PHAs during this time so that assisted families can stay safe and healthy,” said Hunter Kurtz, Assistant Secretary for Public and Indian Housing. “Providing these additional funds to PHAs will give them more tools to address local needs and respond to the Coronavirus pandemic as effectively as possible.”

(Visited 1 times, 1 visits today)

Related posts

Square Mile makes $75M equity investment in new McSam hotel

REW

NYC launches Roosevelt-era effort to create jobs, clean up city

REW

Landlords lead push to get city back to work

REW