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Wilmington, Tewksbury Housing Authorities Receive Funding Allocations

Tewksbury received $430,770 while Wilmington received $222,294, according to Rep. Jim Miceli.

Rep. Jim Miceli announced financing for Wilmington and Tewksbury. (File Photo)
Rep. Jim Miceli announced financing for Wilmington and Tewksbury. (File Photo)
Rep. James Miceli announced this week that the Commonwealth's Division of Public Housing released the formula funding letters for Tewksbury and Wilmington.

These formula funding letters will serve in "providing a predictable revenue stream for priority projects," according to the announcement from Miceli's office.

Wilmington received $120,709 for Fiscal Year 2016 and $101,585 for Fiscal Year 2017.

The Tewksbury Housing Authority, meanwhile, received a total of $430,770. Of that money, $213,385 is allotted for Fiscal 2016 and Fiscal Year 2017.

"The formula funding allows housing authorities a stream of funds to plan and implement capital projects," the announcement said. "These projects allow housing authorities to perform priority repairs, expand housing capability, implement projects to decrease utility and maintenance costs, and other necessities."

Miceli said the Department of Housing and Community Development will also award funds to cover other expenses through a Contract for Financial Assistance in the near future. 

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