The Housing Authority of the City of El Paso (HACEP) has been awarded $752,476 in annual tenant protection vouchers for residents of the Robinson community in West El Paso.
“We are so happy to receive these vouchers from HUD that guarantee housing stability for 186 of our most challenged families,” said HACEP CEO Gerald Cichon.
According to HACEP officials, the vouchers will bring more than $22.5 million to the El Paso economy over the next 30 years.
These vouchers will allow our residents to live in the private market, meaning they get to live anywhere within the confines of the City of El Paso.
As one of the largest property developers in El Paso, HACEP has also worked behind the scenes to ensure more than $2.5 million in monthly payments are not interrupted for the more than 6,000 landlords who participate in the Housing Choice Voucher (HCV) program.
“In the midst of this pandemic, HACEP will be able to bring peace of mind to families who might be impacted during this time by creating new housing opportunities for them,” officials added.