HUD AWARDS THE MEMPHIS HOUSING AUTHORITY $22 MILLION TO REVITALIZE PUBLIC HOUSING, TRANSFORM SURROUNDING NEIGHBORHOOD

MEMPHIS, TN – June 3, 2010 – (RealEstateRama) — U.S. Housing and Urban Development (HUD) Assistant Secretary Raphael Bostic was at Cleaborn Homes in Memphis today to announce the Memphis Housing Authority will receive a $22 million HUD HOPE VI Revitalization grant to transform the Cleaborn Homes public housing development into a mixed-income community. The housing authority developed a highly successful revitalization plan, including effectively incorporating early childhood education programs – a priority for the Obama Administration.


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U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

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