RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

HUD Announces $3.6 Million Available to Help Communities Plan for Next Generation of Neighborhood Revitalization

Home Consumer
June 8, 2011
Reading Time: 2 mins read

RISMedia, June 9, 2011—The U.S. Department of Housing and Urban Development announced recently that $3.6 million in Choice Neighborhoods Planning Grants will be awarded in fiscal year 2011 to assist in the transformation, rehabilitation and preservation of public housing and privately owned HUD-assisted housing.

“Our Choice Neighborhoods Initiative rewards communities that use innovative tools to tackle concentrated poverty holistically,” says HUD Secretary Shaun Donovan. “The initiative expands on the bipartisan success of the HOPE VI program by recognizing that we must link affordable housing with quality education, public transportation, good jobs and safe streets. President Obama has said that there is no greater economic policy than one that invests in our children’s future and helps America out-educate the world. But that’s not possible if we leave a whole generation of children behind in our poorest neighborhoods.”

As part of HUD’s overall plan to revitalize areas of concentrated poverty, the Choice Neighborhoods Planning Grants are intended to help transform distressed public and assisted housing into sustainable, mixed-income housing that connects to key services, such as education and transportation, and supports positive outcomes for the neighborhood’s families. Eligible applicants are public housing authorities, local governments, nonprofit organizations, and for-profit developers that apply jointly with a public entity. Applicants must demonstrate their plan to revitalize the neighborhood through public-private partnerships that seek to develop high-quality public schools and early learning programs, public transportation, and improved access to jobs and well-functioning services.

These grants will enable communities to create a comprehensive “transformation plan,” or road map, to transform public and/or assisted housing within a distressed community to create a choice neighborhood. This Federal support provides a significant incentive and catalyst for the local community to take critical steps toward neighborhood transformation.

Applicants have until August 8, 2011 to apply for the Choice Neighborhoods Planning Grants. HUD anticipates awarding approximately 12 grants with a maximum award of $300,000 each.

Choice Neighborhoods is focused on directing resources to address three core goals—housing, people and neighborhoods. It is a centerpiece of the White House Neighborhood Revitalization Initiative(NRI). HUD partners with the Departments of Treasury, Justice, Education, and Health and Human Services on the NRI, an interagency effort to align federal housing, education, justice, and health programs to transform distressed, high-poverty neighborhoods into neighborhoods of opportunity.

HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination; and transform the way HUD does business. More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov.

ShareTweetShare

Related Posts

Fed Minutes Show Board Divided Over December Rate Cut
Industry News

Fed Minutes Show Board Divided Over December Rate Cut

November 19, 2025
Joining United Yields MORE® for Oregon Brokerage
Industry News

Joining United Yields MORE® for Oregon Brokerage

November 19, 2025
Mortgage Applications Take a Break as Rates Hit 4-Week High
Industry News

Mortgage Applications Take a Break as Rates Hit 4-Week High

November 19, 2025
Firms
Agents

Report: Housing Affordability and Rising Costs Are Biggest Challenges for Real Estate Firms

November 19, 2025
Real Estate’s AI Hype: What It Gets Right (and Wrong) as Brokerages, Agents Adapt
Agents

Real Estate’s AI Hype: What It Gets Right (and Wrong) as Brokerages, Agents Adapt

November 19, 2025
Zillow Partners With Esusu, Launching CreditClimb to Help Renters Build Credit
Agents

Zillow Partners With Esusu, Launching CreditClimb to Help Renters Build Credit

November 19, 2025
Please login to join discussion
Tip of the Day

The Best Points to Advertise on for Recruiting

In order to run a successful team, you need to recruit agents who will contribute productively and positively to your sales and environment. This, sometimes, is easier said than done. Read more.

Business Tip of the Day provided by

Recent Posts

  • Fed Minutes Show Board Divided Over December Rate Cut
  • Joining United Yields MORE® for Oregon Brokerage
  • Mortgage Applications Take a Break as Rates Hit 4-Week High

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2025 Newsmakers
    • 2024 Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2025 Power Broker
    • 2024 Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X