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Hope VI Development
The HOPE VI Program, originally known as the Urban Revitalization Demonstration (URD), was developed as a result of recommendations by the National Commission on Severely Distressed Public Housing, which was charged with proposing a National Action Plan to eradicate severely distressed public housing. The Commission recommended revitalization in three general areas:
As a result, HOPE VI was created by the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1993 (Pub.L. 102-389), approved on October 6, 1992.
The HOPE VI program serves a vital role in the Department of Housing and Urban Development's efforts to transform Public Housing.
The specific elements of public housing transformation that have proven key to HOPE VI include:
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Changing the physical shape of public housing
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Establishing positive incentives for resident self-sufficiency and comprehensive services that empower residents
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Lessening concentrations of poverty by placing public housing in nonpoverty neighborhoods and promoting mixed-income communities
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Forging partnerships with other agencies, local governments, nonprofit organizations, and private businesses to leverage support and resources
HOPE VI Revitalization grants fund:
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Capital costs of major rehabilitation, new construction and other physical improvements
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Demolition of severely distressed public housing
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Acquisition of sites for off-site construction
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Community and supportive service programs for residents, including those relocated as a result of revitalization efforts
HOPE VI Demolition grants fund the demolition of severely distressed public housing, relocation, and supportive services for relocated residents.
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