Guam – The Guam Housing and Urban Renewal Authority [GHURA] will be receiving a $1.3 million dollars slice of a Federal HUD award of $1.9 billion to the state’s and territories to improve and preserve housing stock.
According to a HUD release, GHURA will receive $1,317,717.
The awards were announced Tuesday in Washington by HUD Secretary Shaun Donovan who said the money will allow GHURA and other housing authorities throughout the nation “to make major large-scale improvements to their public housing units. View a full list of public housing authorities receiving funding.”
HUD’s Capital Fund Program provides annual funding to all public housing authorities to build, repair, renovate and/or modernize the public housing in their communities. This funding can be used to make large-scale improvements such as new roofs and to make energy-efficient upgrades to replace old plumbing and electrical systems.