HUD AWARDS $153 MILLION TO REVITALIZE SEVERELY DISTRESSED PUBLIC HOUSING IN EIGHT COMMUNITIES

WASHINGTON, DC – May 23, 2011 – (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $152.7 million to help eight cities across the country transform severely distressed public housing developments into mixed-income communities. Housing authorities in the following cities developed highly successful revitalization plans to transform the physical condition of a public housing community and make a positive impact on the lives of their residents: Boston, Massachusetts; Denver, Colorado; Louisville, Kentucky; Patterson, New Jersey; St. Louis, Missouri; Taunton, Massachusetts; Phoenix, Arizona; and Portland, Oregon


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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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