With an $11 million HUD grant, SAHA can continue with plans to improve housing communities.

The U.S. Department of Housing and Urban Development (HUD) announced it will grant more than $11 million to the San Antonio Housing Authority (SAHA) to fund the agency’s on-going modernization and development efforts.

The $11,079,358 capital fund grant is the highest HUD award among 395 Texas housing agencies, and comes as HUD is facing a $2.3 billion capital funds reduction for the 2006-2007 fiscal year. Capital funds are formula grants awarded on an annual basis to housing authorities nationwide.

“These funds will go a long way in helping create and maintain decent, affordable housing for our citizens,” said SAHA President and CEO Henry A. Alvarez III. “We thank those elected officials and others who recognize the desperate need for these funds to modernize and improve public housing in our community.”


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