Deerfield Beach Housing Authority wins $8.6 million Grant
The Deerfield Beach Housing Authority is preparing to announce Tuesday that it is one of just 68 housing authorites nationwide to share in the federal $85 million Project Rental Assistance Demonstration Program.
The city will get $8.6 million from the federal housing authority's RAD program to rennovate subsidized housing in the city and while Executive Director Nadine Jarmon could not be reached for comment, Commissioner Joan Maurice, who with Commissioner Anthony Pelt, will make the announcement Tuesday, credited the coup to Jarmon.
“She knows how to write for grants and she is very well respected by housing officials, both state and federal,” Maurice said. “And with her experience and her good reputation, people work with her.”
According to the U.S. Department of Housing and Urban Development web site, the 2013 Rental Assistance Demonstration Program is the “Obama Administration’s groundbreaking strategy to preserve tens of thousands of public and HUD-assisted housing units.”
By allowing public housing agencies and private owners of some at-risk, federally assisted properties to convert to contracts under the Section 8 program, it frees the properties from the strictures of public housing procurement regulations and allows “owners to leverage millions of dollars in debt and equity to better address immediate capital needs and preserve these affordable housing units,” the web site says.
According to Cardra M. Robinson, the housing authority’s executive assistant, the initiative will fund several projects in Deerfield Beach. including rehabilitation of Stanley Terrace’s 96 units, from the interior to the roof.
“Only certain housing authorities could even apply for it,” Maurice said. “But Deerfield Beach has a very high rating – and rated high enough to apply and get these funds.”