Rep. Sires Announces Funding to Add New Affordable Rental Housing and to “Green” Existing Public Housing
Washington, D.C. – September 23, 2009 – (RealEstateRama) — Today, Congressman Albio Sires announced that the Bayonne Housing Authority, Elizabeth Housing Authority, and Housing Authority of Jersey City will receive funding from the American Recovery and Reinvestment Act of 2009. The funding can be used to build or renovate affordable rental apartments and make existing public housing units more energy efficient.
“I have fought for adequate capital funding for Public Housing Authorities since I came to Congress. For too long we have underfunded them, leaving public housing buildings to deteriorate,” said Sires. “I am glad that the Recovery Act included an investment in capital structures and energy efficiency.”
Bayonne Housing Authority will receive $254,500; Elizabeth Housing Authority will receive $1,888,000; and the Housing Authority of Jersey City will receive $1,469,266. These funds were awarded competitively to housing authorities, based on need and strength of application.
“Not only will these funds help housing authorities to update existing, and build new, affordable housing,” said Sires, “it will help create jobs for hard working New Jerseyans when jobs are very much needed.”
Contact: Erica Daughtrey
201-222-2828
