Tuesday, Mar. 24, 2009

Area public housing receives stimulus cash

Public-housing developments in Georgetown, Conway and Atlantic Beach will receive a combined $1.3 million in federal stimulus money for renovations, officials announced Tuesday.

Georgetown will receive $614,714, Conway will receive $600,206 and Atlantic Beach will receive $99,332, all based on federal formulas. The money is intended to create and save jobs through the local contracts awarded for the renovation work.

The U.S. Department of Housing and Urban Development will be spending $3 billion in stimulus cash on 3,122 local housing authorities across the country. According to U.S. Rep. Jim Clyburn's office, $36 million of that will be spent in South Carolina.

The department will soon announce a separate $1 billion competitive grant program for housing authorities.