Posted on August 23, 2004
WASHINGTON - U.S. Senators Bill Frist (R-TN) and Lamar Alexander (R-TN) today announced that 32 Middle Tennessee cities will receive a total of over $12.2 million dollars in Capital Fund Program grants from the U.S. Department of Housing and Urban Development (HUD). "HUD's investment in Middle Tennessee will encourage a sense of community, foster job growth and ensure every family has a place to call home," said Frist. "This funding is a significant step for economic development throughout Middle Tennessee." "I appreciate HUD's investment to help strengthen Tennessee communities," Alexander said. "These funds will revitalize neighborhoods across 32 Middle Tennessee cities, giving families better places to live. Senator Frist and I will continue to work with HUD Secretary Alphonso Jackson to bring needed improvements to Tennessee." The Capital Fund is awarded on an annual basis to 3,160 public housing authorities (PHAs) nationwide. For fiscal year 2004, Tennessee has received over $59.8 million to 82 PHAs, including $12,215,512 to 32 PHAs in Middle Tennessee: Clarksville $885,327 Columbia $446,192 Cookeville $896,110 Dickson $208,941 Erin $87,241 Fayetteville $502,760 Franklin County $448,796 Franklin $525,863 Gallatin $743,796 Grundy County $216,772 Hartsville $63,948 Hohenwald $202,985 Lafayette $183,248 Lawrenceburg $448,507 Lebanon $701,414 Lewisburg $395,549 Livingston $113,080 Manchester $116,164 McMinnville $763,354 Mt. Pleasant $217,282 Murfreesboro $579,939 Portland $200,327 Pulaski $375,251 Savannah $324,927 Shelbyville $702,011 Smithville $322,291 South Carthage $125,617 Sparta $262,781 Springfield $678,215 Tullahoma $396,589 Waverly $123,293 Woodbury $171,652 The Capital Fund may be used for a variety of activities including modernization, development, financing and management improvements. Grant amounts may also include replacement housing factor grants (RHF) for those PHAs that demolished or disposed of public housing units in prior year(s). An RHF grant must be used to build new developments or acquire and rehabilitate a development. Tennessee will receive a total of $59,810,617 in HUD Capitol Fund Program grants.