Five Area Housing Authorities to Receive Stimulus Funds



WASHINGTON — Five Hancock County public housing authorities have received a share of nearly $3 billion in federal stimulus funds to make improvements to public housing units.

The announcement was made Tuesday by the U.S. Department of Housing and Urban Development (HUD).

Among those receiving funds are the Bar Harbor Housing Authority ($230,257), the Ellsworth Housing Authority ($99,145), the Southwest Harbor Housing Authority ($94,671), the Tremont Housing Authority ($39,468) and the Mount Desert Housing Authority ($33,183).

U.S. Rep. Mike Michaud (D-Maine) praised the announcement of the release of the funds.

The funding was authorized by the American Recovery and Reinvestment Act (H.R. 1) and is allocated through an established formula.

According to HUD, the Capital Fund Program provides annual funding to public housing authorities to develop, finance and/or modernize the public housing in their communities.

More information on the funding can be found at HUD’s Recovery Web site at www.hud.gov/offices/pih/programs/ph/capfund/grants/arra/index.cfm