70 Billion Dollars for Public Housing Repairs to Improve Resident Health and Safety.
This Act authorizes $70 billion for the Public Housing Capital Fund to finance urgent repairs and infrastructure upgrades. The funding aims to directly improve residents' living conditions and health by addressing long-standing issues like mold, lead exposure, lack of heat, and pest infestations, which are consequences of years of infrastructure neglect. Funds will be allocated based on the documented capital needs of individual public housing agencies.
Key points
Authorization of $70 billion for the Public Housing Capital Fund to address the national backlog of capital repair needs.
Funds are intended to eliminate severe health hazards, including lead exposure, mold, heating failures, and pest issues, directly improving resident health outcomes.
The money will remain available until expended and will be allocated to public housing agencies based on their most recent physical needs assessments.
The goal is to reverse the deterioration of public housing conditions caused by decades of Federal disinvestment.
Expired
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