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Tuesday, July 21, 2020 | History

2 edition of The administration"s proposal to revitalize severely distressed public and assisted housing found in the catalog.

The administration"s proposal to revitalize severely distressed public and assisted housing

United States. Congress. House. Committee on Financial Services.

The administration"s proposal to revitalize severely distressed public and assisted housing

the Choice Neighborhoods Initiative : hearing before the Committee on Financial Services, U.S. House of Representatives, One Hundred Eleventh Congress, second session, March 17, 2010

by United States. Congress. House. Committee on Financial Services.

  • 365 Want to read
  • 23 Currently reading

Published by U.S. G.P.O., For sale by the Supt. of Docs., U.S. G.P.O. in Washington .
Written in English

    Subjects:
  • HOPE VI (Program),
  • Public housing,
  • Finance,
  • Housing subsidies

  • Classifications
    LC ClassificationsKF27 .B5 2010k
    The Physical Object
    Paginationiii, 129 p. ;
    Number of Pages129
    ID Numbers
    Open LibraryOL25229467M
    ISBN 100160863694
    ISBN 109780160863691
    LC Control Number2010532920
    OCLC/WorldCa660007947

    May 13,  · U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced three communities across the country will receive a combined $85 million to redevelop severely distressed public or. May 23,  · mixed-income rental units and 30 HOPE VI funded, Loan to Purchaser soft mortgages. The grant funding announced today is part of $ million awarded to eight public housing agencies across the country through HUD's HOPE VI Revitalization Program to transform severely distressed public housing developments into mixed-income communities.

    Revitalization Grants enable PHAs to improve the living environment for public housing residents of severely distressed public housing projects through the demolition, substantial rehabilitation, reconfiguration, and/or replacement of severely distressed units; revitalize the sites on which severely. The current administration at HUD has been critical of the high costs of HOPE VI, and proposes severely distressed public housing, as well as emerging evidence from the HOPE VI experience.

    Program Objective. Revitalization Grants enable PHAs to improve the living environment for public housing residents of severely distressed public housing projects through the demolition, substantial rehabilitation, reconfiguration, and/or replacement of severely distressed units; revitalize the sites on which severely distressed public housing projects are located and contribute to the. Revitalization Grants enable PHAs to improve the living environment for public housing residents of severely distressed public housing projects through the demolition, substantial rehabilitation, reconfiguration, and/or replacement of severely distressed units; revitalize the sites on which severely distressed public housing projects are.


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The administration"s proposal to revitalize severely distressed public and assisted housing by United States. Congress. House. Committee on Financial Services. Download PDF EPUB FB2

WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced three communities across the country will receive a combined $85 million to redevelop severely distressed public or assisted housing and to revitalize surrounding neighborhoods.

The administration's proposal to revitalize severely distressed public and assisted housing: the Choice Neighborhoods Initiative: hearing before the Committee on Financial Services, U.S.

House of Representatives, One Hundred Eleventh Congress, second session, March 17, HUD’s $85 million is expected to attract $ million to revitalize 3 distressed communities.

On May 13,the U.S. Housing and Urban Development (HUD) announced that two cities in Virginia and one in Nebraska will receive a combined $85 million to redevelop severely distressed public or assisted housing. Eligible applicants are public housing authorities (PHAs), local governments, nonprofits, tribal entities and for-profit developers that apply jointly with a public entity.

Applications must present a plan to revitalize a severely distressed public and/or HUD-assisted multifamily housing project located in a distressed neighborhood into a viable, mixed-income community. The bill reauthorizes the program for 7 years, while making a number of important improvements.

Historically, HOPE VI — which provides grants to public housing agencies to revitalize severely distressed public housing projects — has received broad, bipartisan support.

replacement or revitalization of severely distressed public housing developments. These federal dollars have leveraged billions more in other public, private, and philanthropic investments. To date, over 63, distressed public housing units have been demolished, with another 20, units slated for redevelopment.

Over the past decade, the HOPE VI program has invested over $5 billion in federal funds in the replacement or revitalization of severely distressed public housing developments. The current administration at HUD has been critical of the high costs of HOPE VI, and proposes that the program should be cut back dramatically or even eliminated.

By our estimates, however, between 47, and Author: Margery Austin Turner. Revitalization Grants enable PHAs to improve the living environment for public housing residents of severely distressed public housing projects through the demolition, substantial rehabilitation, reconfiguration, and/or replacement of severely distressed units; revitalize the sites on which severely distressed public housing projects are located and contribute to the improvement of the.

Section 24 of the Housing Act of authorized the Department to develop revitalization programs for severely distressed public housing and to administer these programs.

The Severely Distressed Public Housing program has been used to convert overly concentrated family developments, often high-rise buildings, into safe and respectable communities.

The local government of jurisdiction, or tribe for applications that target Indian Housing, must be the Lead Applicant or Co-Applicant. Applications must present a plan to revitalize a severely distressed public and/or HUD-assisted multifamily housing project located in a distressed neighborhood.

The Administration’s Proposal to Revitalize Severely Distressed Public and Assisted Housing: The Choice Neighborhoods Initiative, Full Committee: 3/17/ Examining the Link Between Fed Bank Supervision and Monetary Policy, Full Committee: 3/16/ Rebuilding Haiti’s Competitiveness and Private Sector, The five awardees will replace 1, severely distressed public housing units with nearly 3, new mixed-income, mixed-use housing units as part of an overall effort to revitalize neighborhoods.

For every $1 in Choice Neighborhoods funding they receive, the awardees and their partners will leverage an additional $5 in public and private funding for their project proposals.

“The Administration’s Proposal to Revitalize Severely Distressed Public and Assisted Housing: The Choice Neighborhoods Initiative.” Deirdre Oakley, Erin Ruel, and Lesley Williams Reid. Testimony to the United States House of Representatives Committee on Financial Services, Washington, DC, March 17, (Invited written testimony entered.

Mar 26,  · Grants to Revitalize Severely Distressed Public Housing SinceCongress has funded grants through the HOPE VI program to demolish and replace the most distressed public housing developments. Inthe Obama Administration proposed to replace HOPE VI with the Choice Neighborhoods Initiative (CNI), which would continue to provide.

Jul 19,  · U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced five communities across the country will receive a combined $ million to redevelop severely distressed public or assisted housing and to revitalize surrounding neighborhoods.

On March 17,Ramirez testified before the House Financial Services Committee on the Obama administration's "Choice Neighborhoods Initiative," also known as the "Proposal to Revitalize Severely Distressed Public and Assisted Housing."Occupation: Businessman.

Demolition and Revitalization of Severely Distressed Public Housing. Grants enable PHAs to improve the living environment for public housing residents of severely distressed public housing projects through the demolition, substantial rehabilitation, reconfiguration, and/or replacement of severely distressed units; revitalize the.

Sep 28,  · The five awardees have proposed to replace more than 1, distressed public housing units with more than 2, new mixed-income, mixed-use housing units as part of an overall effort to revitalize neighborhoods.

urban decay and substandard living conditions. To revitalize severely distressed urban public housing, the Congress, in Octoberestablished the Urban Revitalization Demonstration Program.

HOPE VI, as the program is commonly known, provides grants to public housing authorities to transform obsolete public housing sites into attractive.

Apr 11,  · Over the past decade, the HOPE VI program has invested over $5 billion in federal funds in the replacement or revitalization of severely distressed public housing developments.

The current administration at HUD has been critical of the high costs of HOPE VI, and proposes that the program should be cut back dramatically or even eliminated. By our estimates, however, between 47, and Cited by: 7. Dec 12,  · They will share $ million to transform public housing, revitalize neighborhoods.

By Donna Kimura Five communities have been selected to receive more than a combined $ million to redevelop severely distressed public or assisted housing and revitalize surrounding neighborhoods under the federal Choice Neighborhoods Initiative.Jun 25,  · Two main programs available to revitalize our nation’s severely distressed public and assisted housing, the Promise Zones (PZ) and Choice Neighborhoods (CNI) initiatives, have application structures that impede many of our highest need communities from successfully receiving the federal support these neighborhoods so desperately need.May 23,  · HUD AWARDS $22 MILLION TO REVITALIZE SEVERELY DISTRESSED PUBLIC HOUSING IN LOUISVILLE Louisville among eight cities selected nationwide.

LOUISVILLE - U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $22 million to support Louisville Metropolitan Housing Authority revitalize the Sheppard Square public housing development.