HUD Releases Study on Public Housing; Shows $26 Billion in Major Repairs Needed - June 24, 2011

WASHINGTON – The U.S. Department of Housing and Urban Development today released a study that finds the nation’s 1.2 million public housing units need an estimated $25.6 billion for large scale repairs.  This study updates a 1998 analysis and includes costs to address overdue repairs, accessibility improvements for disabled residents, lead abatement, and water and energy conservation that would make the homes more cost effective and energy efficient.

Please click here to read the full press release and to access the report.