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Corinth Housing Authority Awarded $647,000 for Upgrades

The Corinth Housing Authority received more than $647,000 for public housing upgrades. (Photo by Josh Mitchell/Corinth Today)

Staff reports

The city of Corinth Housing Authority has been awarded more than $647,000 in federal funding to upgrade properties.

The U.S. Department of Housing and Urban Development announced the funding last week as part of $2.6 billion allocated nationally.

Other housing authorities in the area received: Booneville, $283,390; Iuka, $146,254; Tupelo, $857,908; Savannah, Tenn., $120,260; and Florence, Ala., $321,305

HUD annually provides funding to about 3,100 housing authorities across the nation to build, repair and modernize public housing. The Capital Fund Program can be used to replace roofs, upgrade plumbing/electrical systems to energy-efficient standards and other large projects.

The federal government has invested billions of dollars in public housing, but more than 135,000 public housing units have been lost since since fiscal year 2000.

A 2011 study said the nation’s 1.1 million public housing units faced an estimated $25.6 billion in large-scale repairs.

A rental assistance program has generated additional money for public housing needs. More than 88,000 public housing units have converted to a more sustainable Section 8 financing platform without additional costs to taxpayers, HUD said.

Public housing authorities and their partners have generated over $5 billion to preserve or replace distressed units and support local jobs in their communities, the agency added.

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