Thursday, November 23, 2017

Texas to receive nearly $58 million in federal housing funds 

By on October 20, 2017

AUSTIN, Texas – The U.S. Department of Housing and Urban Development is allocating to Texas $57.8 million in additional funds for clearing housing from areas flooded by Hurricane Harvey.

Neal Rackleff is HUD’s assistant secretary for community planning and development. He said in a conference call Friday that the funds could be used to help buy out homeowners living in 100-year flood zones and help others rebuild.

Rescue boats fill a flooded street as flood victims are evacuated as floodwaters from Tropical Storm Harvey rise Monday, Aug. 28, 2017, in Houston. (David J. Phillip/AP)

HUD hopes Texas can begin meeting unmet housing needs in 13 Harvey-affected counties by mid-December. The state’s plans must pass a citizen review before being submitted to HUD for approval.

Rackleff says the federal agency is still trying to decide where to spend an additional $7.4 billion allocated by Congress in September for storm recovery efforts in Texas, Florida, Puerto Rico and the U.S. Virgin Islands.

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