HUD AWARDS NEARLY $5 MILLION TO SPUR NEXT GENERATION OF HOUSING, NEIGHBORHOOD TRANSFORMATION

17 communities to execute grassroots efforts to revitalize housing, communities

WASHINGTON, DC – October 11, 2012 – (RealEstateRama) — U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today that 17 communities across the U.S. will receive Choice Neighborhoods Planning Grants. The $4.95 million awarded today provides these communities the resources they need to craft comprehensive, community-driven plans to revitalize public or other HUD-assisted housing and transform distressed neighborhoods. Read more about these local planning efforts.

“While many of these grantees have already collaborated to get to this stage, this funding enables them to take their initial discussions further to plan out strategies to build stronger, more sustainable communities that will address distressed housing, failing schools, rampant crime, and all that plagues the nation’s poor neighborhoods,” said Donovan. “HUD’s Choice Neighborhoods Initiative represents the next generation in a movement toward revitalizing entire neighborhoods to improve the lives of the residents who live there.”

HUD’s Choice Neighborhoods Initiative promotes a comprehensive approach to transforming distressed areas of concentrated poverty into viable and sustainable mixed-income neighborhoods. Building on the successes of HUD’s HOPE VI Program, Choice Neighborhoods links housing improvements with necessary services for the people who live there – including schools, public transit and employment opportunities.

The awardees announced today were selected from among 72 applications. Successful applicants demonstrated their intent to plan for the transformation of neighborhoods by revitalizing severely distressed public and/or assisted housing while leveraging investments to create high-quality public schools, outstanding education and early learning programs, public assets, public transportation, and improved access to jobs and well-functioning services. HUD focused on directing resources to address three core goals:

• Housing: Transform distressed public and assisted housing into energy efficient, mixed-income housing that is physically and financially viable over the long-term;
• People: Support positive outcomes for families who live in the target development(s) and the surrounding neighborhood, particularly outcomes related to residents’ health, safety, employment, mobility, and education; and
• Neighborhood: Transform neighborhoods of poverty into viable, mixed-income neighborhoods with access to well-functioning services, high quality public schools and education programs, high quality early learning programs and services, public assets, public transportation, and improved access to jobs.

The grantees will use the funding to work with local stakeholders – public and/or assisted housing residents, community members, businesses, institutions and local government officials – to undertake a successful neighborhood transformation to create a “choice neighborhood.” The awardees will use the funding to create a comprehensive Transformation Plan, or road map, to transforming distressed public and/or assisted housing within a distressed community.

Choice Neighborhoods is one of the signature programs of the White House Neighborhood Revitalization Initiative, which supports innovative, holistic strategies that bring public and private partners together to help break the cycle of intergenerational poverty. Choice Neighborhoods encourages collaboration between HUD and the Departments of Education, Justice, Treasury and Health and Human Services to support local solutions for sustainable, mixed-income neighborhoods with the affordable housing, safe streets and good schools all families need.

Congress approved the Choice Neighborhoods Initiative with the passage of HUD’s FY2010 budget. Funding is provided through two separate programs – Implementation Grants and Planning Grants. With this announcement, HUD has awarded a total of $12.55 million in Planning Grants to 46 cities or counties. See past Planning grantees list here.

Choice Neighborhoods Implementation grants are awarded to entities that have completed a comprehensive local planning process and are ready to move forward with their Transformation Plan to redevelop their target housing and neighborhoods. In August, HUD announced the nine finalists that will compete for approximately $110 million in 2012 Choice Neighborhoods Implementation grants to transform public and other HUD-assisted housing in targeted neighborhoods. Teams recently completed site visits as part of the application review process to determine which of the finalists will receive Implementation grants.

Last year, HUD awarded its first CN Implementation grants for Chicago, Boston, New Orleans, San Francisco and Seattle, a combined $122.27 million investment to bring comprehensive neighborhood revitalization to blighted areas in these cities.

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HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all.
HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the
need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build
inclusive and sustainable communities free from discrimination; and transform the way HUD does business.
More information about HUD and its programs is available on the Internet at www.hud.gov and
http://espanol.hud.gov. You can also follow HUD on twitter @HUDnews, on facebook at
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2012 Choice Neighborhood Planning Grantees

Contact:
Donna White
(202) 708-0685