PHA Completes Major Rehab of Senior High Rise in Sharswood

“HUD’s Rental Assistance Demonstration program is giving families a better place to call home,” said Joe DeFelice, regional administrator of HUD’s Mid-Atlantic region. “The program has made the transformation and complete rehabilitation of the former Blumberg Senior Tower possible, securing nearly $28 million in public-private construction investment. The major redevelopment even provided employment opportunities for PHA residents through HUD’s Section 3 program. All great reasons to celebrate”

All 94 of the senior units have been converted from public housing to Project Based Vouchers under HUD’s Rental Assistance Demonstration Program (RAD).  As part of RAD, the Development will include a 20-year Project Based Voucher Housing Assistance Payment (HAP) contract. At least 10 percent of the units will be reserved for seniors earning 20% of the Area Median Income (AMI) or less.  Under the HAP contract, tenants will not be responsible for utilities supplied to their unit.