Thursday, March 26, 2009
Housing agencies receive funding
By BILL THEOBALD • Tennessean Washington Bureau • March 25, 2009 WASHINGTON -- The Nashville Metropolitan Development and Housing Agency has been awarded $12.3 million under the economic stimulus legislation, the U.S. Department of Housing and Urban Development announced Wednesday. The allotment is among $80.3 million to 85 housing agencies in the state. Nationwide, nearly $3 billion in grants were announced by HUD to 3,122 local housing authorities. The money is to be used to develop, finance and modernize public housing. It can be used for major construction projects or smaller projects that improve energy efficiency.
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