Yakima Properties May Get Rehabilitated
A new federal HUD program will allow for rehabilitation of failing low-cost rental properties in Yakima.
Chairman of the Senate Housing Appropriations Subcommittee, U.S. Senator Patty Murray, announced that the Housing Authority of the City of Yakima has been selected to participate in HUD’s Rental Assistance Demonstration program.
RAD, in turn, works to preserve affordable rental housing and build strong, stable communities.
Specifically, the new program would allow conversion of public housing units into long-term section 8 contracts, which will allow them to leverage private sector funding in order to rehabilitate the properties.
“This is a shot in the arm for affordable housing in Yakima,” said Senator Murray.