The Housing Authority of the City of Rolla will receive $255,497 in new funding as part of additional money for housing authorities.


The Housing Authority of the City of Rolla will receive $255,497 in new funding as part of additional money for housing authorities.

Rolla was among those qualifying and released in a statement by U.S. Sen. Claire McCaskill. McCaskill said the United States Department of Housing and Urban Development is providing over 100 housing authorities throughout the state of Missouri with over $29 million in federal grant money.

The grants are funded by the American Recovery and Reinvestment Act, which aims to stabilize the economy and create local jobs. The money is being provided through the Public Housing Capital Fund Program to support the modernization and development of public housing.

Funding to states and localities through the economic recovery package will be allocated through existing federal programs like these, rather than earmarks, in order to ensure prompt distribution and better accountability. Local projects receive funds from these grants by following the process set up by each program. During Congressional consideration of the economic recovery bill, McCaskill worked to put additional accountability measures in place.

McCaskill said she believes that federal grants and loans are a positive alternative to earmarks, which in the past have been authorized during a secretive process with little accountability.  Competitive merit and need based federal grants and low-interest government loans bring federal assistance to Missouri in an honest and fiscally responsible manner.