Pallone Announces $4.69 Million for Public Housing in New Jersey’s 6th District

WASHINGTON, DC – May 5, 2015 – (RealEstateRama) — Today, Congressman Frank Pallone, Jr. (NJ-06) announced that Public Housing Authorities (PHAs) located in New Jersey’s 6th District will receive grants totaling $4.69 million in Operating Subsidy awards. The funding, which is awarded through the U.S. Department of Housing and Urban Development (HUD), provides assistance to PHAs to help with the operation and management costs associated with public housing developments. Housing Authorities throughout the 6th District, in both Middlesex and Monmouth counties, will receive funding.

“This funding will provide necessary support to public housing developments throughout our District,” said Congressman Pallone. “Well maintained and operated public housing developments not only expand opportunities and have a tremendous impact on low-income communities, they benefit the wider community by stimulating economic activity. I want to thank HUD for making these investments in New Jersey’s 6th District.”

In New Jersey’s 6th District, the recipients of the Operating Subsidy awards include the Housing Authorities of Asbury Park, Carteret, Edison, Highland Park, Highlands, Middletown, Keansburg, Long Branch, New Brunswick, Perth Amboy, South Amboy, and Woodbridge.

This funding is provided by HUD’s Office of Public Housing Investments, which provides funds annually to over 3,000 PHAs across the country managing over 7,000 public housing projects across the country.