$160 Million Awarded to Revitalize Housing, Invest in Neighborhoods

US Department of Housing and Urban Development (HUD)

WASHINGTON, D.C. — U.S. Housing and Urban Development (HUD) Secretary Marcia L. Fudge on Wednesday announced that five communities have received a combined $160 million to redevelop severely distressed housing and spur comprehensive revitalization under the federal Choice Neighborhoods Initiative.

HUD has named Camden, New Jersey; Cleveland, Ohio; Detroit, Michigan; Fort Myers, Florida; and Lewiston, Maine as this year’s grant winners.

“Since its creation, the Choice Neighborhoods initiative has transformed communities across the nation,” said Secretary Fudge. “Today’s announcement will support local vision for reinvigorating low-income communities into areas of opportunity-whether it be with regard to housing, health, education, childcare, or jobs. I applaud each of the five communities for their commitment to ensuring affordable housing serves as a platform for community innovation and individual advancement.”

The Choice Neighborhoods initiative supports the revitalization of communities through an emphasis on linking housing improvements with comprehensive social services and physical neighborhood improvements. Local leaders, residents, and stakeholders, such as public housing authorities, cities, schools, police, business owners, nonprofits, and private developers, come together to create and implement a plan that revitalizes distressed HUD-assisted housing and addresses the challenges in the surrounding neighborhood. This year’s awardees were selected from a pool of 20 applications.

READ:  USDA Invests $464 Million in Renewable Energy Infrastructure

Choice Neighborhoods is focused on three core goals:

  1. Housing: Replace distressed public and assisted housing with high-quality mixed-income housing that is well-managed and responsive to the needs of the surrounding neighborhood;
  2. People: Improve outcomes of households living in the target housing related to employment and income, health, and children’s education; and
  3. Neighborhood: Create the conditions necessary for public and private reinvestment in distressed neighborhoods to offer the kinds of amenities and assets, including safety, good schools, and commercial activity, that are important to families’ choices about their community.

The five awardees will create nearly 2,700 new mixed-income housing units as part of their efforts to revitalize their neighborhoods. Based on information provided in each community’s application, for every $1 in Choice Neighborhoods funding, the awardees will leverage an additional $10.60 in public and private resources for their project proposals.

READ:  Pennsylvania Man Pleads Guilty to Attempting to Provide Material Support to ISIS

For each community’s grant project summary, click here.

Thanks for visiting! MyChesCo brings reliable information and resources to Chester County, Pennsylvania. Please consider supporting us in our efforts. Your generous donation will help us continue this work and keep it free of charge. Show your support today by clicking here and becoming a patron.