The Dept. of Housing and Urban Development (HUD)’s Choice Neighborhood Program will provide $109 million in grants to revitalize public and HUD-assisted housing as a means of transforming desolate communities. HousingWire says Choice Neighborhoods program focuses on three goals: replacing distressed housing, improving educational outcomes for youth and rehabilitating decimated neighborhoods. Choice Neighborhood grants can be extended to local governments, public housing authorities, tribal entities, nonprofit organizations, and to collaborations of public and private entities. Since 2010, HUD has granted $231 million in grants to eight major cities as a means of stimulating neighborhood transformation. These grants generated almost $2 billion in leveraged funding that impacts the communities. MHProNews has learned applications for the Choice Neighborhood Program will be taken until Sept. 10, 2013.
