States and Cities across the US Receive Hope VI Grant

A number of cities across the US have received Hope VI grants to support the revitalization of public housing units. Washington, DC, Boston, North Carolina, and New Orleans have all received $20 million Hope VI grants, and Phoenix has received an $8.9 million Hope VI grant. Recipients are selected through a competitive process that is based on factors such as the effectiveness and readiness of their plans for revitalization, and are granted by HUD with the flexibility to develop plans that are tailored to individual local needs. The funds are also awarded based on an area’s ability to follow through on the projects into completion.

For more information on this story, and Hope IV grants, please visit: http://www.hud.gov/news/morereleases.cfm