HUD Launches 'Recovery Act in Action Week'
Secretary Shaun Donovan announces $143 million in funding for Chicago
June 5, 2009
U.S. Department of Housing and Urban Development Secretary Shaun Donovan today joined Chicago Mayor Richard Daley to announce the official launch of HUD's "Recovery Act in Action" Week, along with $143 million in Recovery Act funds going to improve Chicago public housing, create jobs and jumpstart the local economy.
The announcement officially marked the first day of HUD's "Recovery Act in Action" Week, which is dedicated to communication with HUD's stakeholders, grantees, staff and partners about the funds that are available for competition and Recovery Act program implementation. The week will include three days of webcasts that will provide education and technical assistance. Sixteen HUD Field Offices will host "Housing Parties" throughout the country for stakeholders and grantees to view the webcasts.
"We are launching our 'Recovery Act in Action' Week, anchored by today's event in Chicago and our nationwide webinars, to ensure the American taxpayer's investment is well spent," Donovan said. "Using innovative new media outreach strategies helps us to reach our stakeholders in a way that HUD has not done before. The President and I are convinced that if the Recovery Act is going to have a meaningful impact in growing our economy, we must get 'bang for the buck' so we are providing implementation guidance through interactive webinars to make sure we are getting the most out of our investment."
The announcement came during a visit to Kenmore Apartments, a senior housing development operated by the Chicago Housing Authority (CHA) in uptown Chicago. Of the $143 million dollars CHA received in Recovery Act Public Housing Capital Funds, CHA is using $19 million to upgrade the Kenmore Apartments, including energy efficiency upgrades which will lead to significant operating and utility cost reductions. This Recovery Act funded project will also lead to the creation of 150 quality jobs for Chicago residents.
In addition to the specific Recovery Act funds going to Chicago, Secretary Donovan also announced that, as a result of the Recovery Act, HUD currently has $3.57 billion available in competitive grants, including funds for public and Native American housing, neighborhood stabilization, and green retrofits for Federally assisted housing. This is the largest amount of competitive funds available for application at one time ever in HUD's history. The highest amount of funding out for competition in the past was about $2.75 billion in FY 2001.
"The renovation project underway at Kenmore Apartments right here in Chicago is a perfect example of how Recovery Act funds are being used swiftly and efficiently to put Americans back to work, improve housing and local economies, while at the same time, reducing our carbon footprint," said Secretary Donovan. "I am very proud of the progress HUD and this administration have made in the just over 100 days since President Obama signed the Recovery Act was signed into law."
More like this
- Treasury, HUD Announce Housing Grants Funded Through the Recovery Act
- HUD Announces Recovery Act Funding for Affordable Housing
- HUD Releases $100 Million in Recovery Act Funds for Native American Housing
- HUD Action Allows Home Buyers To Use $8,000 Tax Credit For Downpayments On FHA-Insured Loans
- Department of Labor to Release Nearly $55 Million in Green Jobs Training Grants Through Recovery Act
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