Journal-Times (Grayson, KY)

Local News

December 12, 2012

Special districts: Olive Hill Housing Authority

Third in a series

Dec. 12, 2012 — According to State Auditor Adam Edelen’s new website spotlighting special districts in Kentucky, the Olive Hill Housing Authority has not been responsive to inquiries about its finances.

Paul Hensley, the authority’s director, cited oversight from the U.S. Department of Housing and Urban Development (HUD) as the reason that his organization did not submit financial data.

“HUD monitors everything we do and requires annual audits of our finances,” he added. “We have no taxing authority and receive no support from local government.”

When asked about state of the authority’s finances, Hensley stated that the economic downturn has impacted the amount of subsidy funds that HUD has been providing to local housing agencies.

“For the most part, we didn’t get funds from HUD last year because we had too much money in the bank,” Hensley said. “With all the budget cutbacks, HUD decided to hold off on subsidies to those of us with enough money on hand to cover operating expenses.”

The housing authority was awarded a HUD capital funds grant of $27,000 for purposes of modernization but no operating funds.

According to Hensley, OHHA’s expenses last year totaled $291,818 and the organization had revenues of $101,153, derived mostly from rent income.

The housing authority is supervised by a board consisting of Patty Frasier, Jane Qualls, Eldon Littleton and Mary Jordan.

The Journal-Times is examining all seven special districts in Carter County in a series of weekly articles. Featured next week will be the Cooperative Extension District.

Joe Lewis can be reached at jlewis@journal-times.com or by telephone at 286-4201.

1
Text Only
Local News
  • 16 indicted by Carter grand jury

    Indictments of 16 persons have been handed down by a Carter County grand jury. Although 11 of those were processed June 27, the documents were released Monday to the Journal-Times.

    July 23, 2014

  • Wreck4.JPG Wreck leaves trail of gravel

    Members of Carter County Emergency Management, Norton Branch Fire Department, Kentucky State Police
    and Carter County EMS responded to an overturned truck Monday afternoon.

    July 23, 2014 1 Photo

  • Rex Collins.JPG Package liquor sales begin in Grayson

    It took more than a year, an investment of about $750,000, and a lot of paperwork but packaged liquor went on sale last Thursday in Grayson.

    July 23, 2014 1 Photo

  • Star Elementary renovation underway

    Ongoing renovation of Star Elementary School was one of the main topics of conversation at Monday night’s meeting of the Carter County Board of Education.

    July 23, 2014

  • Standout Youth Rally

    The third annual Standout Youth Rally will take place this weekend at the Olive Hill Shrine Park. The Christian praise and worship experience is free and includes admission, food, camping and entertainment.

    July 23, 2014

  • Stage lighting welcome at renovated OHHS

    Performers at the Olive Hill Arts and Education Center, previously known as Olive Hill High School, eventually will be highly visible to their audiences in the future, thanks to help from the Carter County Community Fund (CCCF).

    July 23, 2014

  • Olive Hill fire chief to step down

    Olive Hill Fire Chief Wes Gilliam has informed the Journal-Times that he will resign from his position effective July 31.

    July 23, 2014

  • DSC_9807.JPG Beer on sale in Olive Hill

    Malt beverage sales began in Olive Hill last Wednesday.

    July 23, 2014 1 Photo

  • store.jpg Packaged liquor sales begin this week

    July 16, 2014 1 Photo

  • DSC_7242.jpg Rodeo rides again at Carter County Fair

    After three years with no rodeo, the bucking broncos will return to the Carter County Fair this Thursday and Friday.

    July 16, 2014 1 Photo

Poll