Durham Housing Authority secures $3 billion increase in federal voucher funding

March 20, 2025 | Durham City, Durham County, North Carolina

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Durham Housing Authority secures $3 billion increase in federal voucher funding

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

The Durham City Council Work Session on March 20, 2025, focused on significant updates regarding federal funding for the project voucher program, presented by Ashanti Brown, Chief Operating Officer of the Durham Housing Authority (DHA).

Brown announced a positive development: a continuing resolution that includes a $3 billion increase in voucher funding nationwide. This increase is notable, especially as many other federally funded programs did not receive additional support. Brown explained that the funding will primarily involve transferring assistance from existing communities rather than providing new assistance.

Council members expressed appreciation for this news, highlighting its rarity in the current funding climate. Councilman Maris clarified that the council's role is to approve tax-exempt multifamily housing revenue bonds issued by the DHA, emphasizing that the obligation to repay these bonds lies with the housing authority, not the city.

Additionally, Council Member Baker inquired about the duration of the affordable housing initiative, confirming that it is set for 30 years. Brown noted that the housing assistance payment contract is typically renewed after this period, although specific details would need to be addressed by the DHA.

This meeting underscored the council's ongoing commitment to affordable housing solutions and the importance of federal funding in supporting these initiatives. The council will continue to monitor the implications of these developments for the community.

Converted from Durham City Council Work Session March 20, 2025 (livestream) meeting on March 20, 2025
Link to Full Meeting

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