HUD Public Housing Capital Needs Study: Avg of $19K Per Unit.

HUD PR is HERE, 184 page report is HERE.

From the report: 

The national average estimate of inspection-based existing capital needs is $19,029 per unit, with a median of $15,374 per unit.
Across the 1,085,407 units in the inspection universe, the estimate of inspection-based existing capital needs is about $21 billion in 2010 dollars.
The average per unit inspection-based estimate of existing capital needs generally is higher for larger housing authorities than for smaller PHAs. However, needs are very similar for PHAs with fewer than 250 units and those with 250 to 1,249 units. The average estimate of capital needs is $15,251 for housing authorities with fewer than 250 units, $15,572 for housing authorities with 250 to 1249 units, $17,774 for housing authorities with 1,250 to 6,600 units...

Would be interesting to see similar analysis of capital needs for HUD project based section 8 projects.

Originally created and posted on the Oregon Housing Blog.