“Much-needed stimulus money will soon be arriving in Beeville to help our struggling families access affordable housing,” said U.S. Rep. Rubén Hinojosa, D-Mercedes, whose congressional House district includes Bee County. “Through this funding, our neediest residents who have fallen on hard times will be able to keep a roof over their heads and plan for the future.”
The Department of Housing and Urban Development will be awarding $375,394 to the City of Beeville under the Recovery Act’s Capital Fund Formula Program, Hinojosa reported. The money, which should arrive within the month, will go toward the development, financing and modernization of public housing in the area, he explained.
“Providing all Americans with affordable and adequate housing must be a priority, especially in these difficult economic times,” Hinojosa said. “Our communities right now simply do not have the resources to go it alone. The federal government has done the right thing by stepping in and quickly investing in our communities and in our families.”
Beeville Mayor Kenneth Chesshir said Hinojosa’s announcement will help many needy families in Beeville.
“It was something we were definitely hoping to get and it’s nice to hear that we are going to get it,” he said. “I want to compliment Rubén Hinojosa. He really rolled up his sleeves and went to work for our community, and he’s done it more than once. I know I speak for the community when I say his efforts are appreciated.”
President Obama signed the final version of the American Recovery and Reinvestment Act into law on Feb. 17.
“This legislation will create or save 3.5 million jobs, immediately cut taxes for 95 percent of workers, and begin a historic economic transformation that will make the nation more globally competitive and energy independent,” Hinojosa said. “The money is to be invested quickly in the economy – with an estimated 74 percent spent in the first 18 months, according to the nonpartisan Congressional Budget Office.”
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