Jul 27, 2018
On June 24th, HUD released the 2010 Public Housing Capital Needs Study. In general, the study shows that since the last capital needs study in 1998, federal appropriations have been too low to make significant progress at reducing the backlog of capital needs. The study also shows that ongoing accrual costs have increased by about 15 percent. These findings reinforce CLPHA’s call for additional capital investment in public housing through increased appropriations levels and new approaches to leverage private capital.