How do we pay our bills?
The Philadelphia Housing Authority has a $371
million annual budget that comes from several sources.
(Our fiscal year runs from April 1 through March 31.)
We receive most of our funding from the U.S.
Department of Housing and Urban Development (HUD).
A small part of our budget - $1.5 million in state and federal
money - comes in the form of grants. These grants are used for
programs such as the Summer Food program.
PHA received $126.9 million in stimulus funds from the American
Recovery and Reinvestment Act to improve and expand affordable
housing throughout the city.
We bill $24 million in rents to our residents.