HUD Grant to Fund Lexington Housing Authority Renovations

From News14’s story:

Three public housing communities in Lexington are headed for major renovations in January 2014. The U.S. Department of Housing and Urban Development has awarded the Lexington Housing Authority $27 million to do the work.

The 268 units in the Lexington Housing Authority’s Southside Village, Eastview Terrace and Helen Caple Village will get long overdue renovations…

HUD awarded the funds through its year-old Rental Assistance Demonstration, an initiative that aims to preserve the country’s stock of what it calls “deeply affordable rental housing.” The Lexington Housing Authority is among seven authorities in North Carolina and 68 in the country selected for the funding.

Tenants will live in temporary housing during the work, which will take up to four months for each unit.