Suffolk, Franklin to obtain cash for inexpensive housing improvement – The Suffolk Information-Herald

The Suffolk Redevelopment and Housing Authority is receiving more than $ 1 million in federal funding to support affordable housing.

Sens. Mark Warner and Tim Kaine announced more than $ 46 million in federal funding granted to 26 communities through the Department of Housing and Urban Development’s public housing fund. According to the HUD, the money can be used for “the development, financing and modernization of public housing estates and for management improvements”.

SRHA will receive $ 1,229,244 while the Franklin Redevelopment and Housing Authority will receive $ 179,216. Among the surrounding locations, the Norfolk Redevelopment and Housing Authority received $ 8,426,268, the Newport News Redevelopment and Housing Authority $ 3,672,566, the Portsmouth Redevelopment and Housing Authority $ 1,729,133, the Hampton Redevelopment and Housing Authority $ 1,675,827 and the Chesapeake Redevelopment and Housing Authority $ 1,327,337.

In a joint declaration, the senators praised the award.

“Access to safe and affordable housing is critical to the health and stability of a family,” said the senators. “We are pleased that these federal dollars will support the housing authorities as they continue to provide the Virginians with the help they need in the context of the COVID-19 pandemic.”

The capital fund provides public housing authorities with federal funds for the development, financing and modernization of improvements in the development and management of public housing.