PEORIA, Ill. — The Peoria Housing Authority will be receiving over $2 million dollars in federal funding from the U.S. Department of Housing and Urban Development.
Senators Tammy Duckworth and Dick Durban announced Thursday the funds are part of a statewide distribution of more than $21 million dollars from the federal public housing capitol fund program.
The Peoria Housing Authority will receive $2,632,932, the largest amount to any housing authority in the state.
The money is designed to be used on development, financing and modernization of public housing properties.
The condition of Taft Homes has been a topic of discussion in Peoria, with plans for a renovation project in the works.
“Children and families in need across Central Illinois rely on investments like these that help improve housing conditions and reduce homelessness,” Duckworth said.
Other area allocations include around $300,000 to the Pekin Housing Authority, and just over $92,000 to the Woodford County Housing Authority.
“This federal funding gives local agencies in Central Illinois the ability to offer safe and affordable housing to those who need it most. In addition, the local economy stands to benefit from this investment in infrastructure projects that will bring safety and modernization to the area’s public housing,” Durbin said.
Last year, Duckworth and Durbin introduced the Averting Crises in Housing Assistance (ACHA) Act, which would invest $70 billion in HUD’s Public Housing Capital Fund.
