Suffolk and Franklin to receive money for affordable housing development – The Suffolk News-Herald

Suffolk and Franklin to receive money for affordable housing development - The Suffolk News-Herald

The Suffolk Redevelopment and Housing Authority will receive more than $ 1 million in federal funding to support the development of affordable housing.

Senators Mark Warner and Tim Kaine announced federal funding of more than $ 46 million, granted to 26 municipalities through the Social Housing Capital Fund of the Department of Housing and Urban Development. According to HUD, the money can be used for “the development, financing and modernization of public housing estates and for the improvement of management”.

SRHA will receive $ 1,229,244, while the Franklin Redevelopment and Housing Authority will receive $ 179,216. Among the surrounding communities, the Norfolk Redevelopment and Housing Authority obtained $ 8,426,268, the Newport News Redevelopment and housing …

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