Clock Ticking for HOPE VI Projects
byJanuary 15th, 2004
Public housing agencies nationwide risk losing their federal funding for redevelopment projects if their projects are not on schedule, according to the U.S. Housing and Urban Development Department recently.
Will the CHA lose their HOPE VI money, too?
HUD Takes Back HOPE VI Funds
In August 2003, HUD took back a $6.4 million Homeownership and Opportunity for People Everywhere (HOPE VI) grant for demolition from the Housing Authority of Portland, Oregon for not meeting the deadline for its public housing redevelopment plans.
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