U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $22 million to revitalize the South Lincoln Homes public housing development.
The current 182 units will be redeveloped and replaced with 457 units of new public, low-income housing, and affordable homeownership units. South Lincoln is a 15.1-acre site bordered by West 11th and 12th avenues and Mariposa and Osage streets. It is in the La Alma/Lincoln Park neighborhood.
South Lincoln is a Denver Housing Authority development. The entire redevelopment is anticipated to cost $91.7 million, said Stella Madrid, community outreach officer for DHA. In addition to today’s $22 million grant, other financing sources will include tax credits purchased by private investors and bank, city and state funding, and leverage financing from community service programs, she said. Madrid said DHA expects to break ground in March 2012. “It is expected to be a five- to seven-year project and be completed in 2018,” Madrid said.
The grant funding announced today is part of $153 million awarded to eight public housing agencies across the country through HUD’s HOPE VI Revitalization Program to transform severely distressed public housing developments into mixed-income communities.
“No one can dispute the exceptional track record of HOPE VI to improve housing conditions for hundreds of communities and most importantly, thousands of families,” said Donovan. “As we move toward the next generation of neighborhood revitalization—one that links housing, education, transportation, healthcare, and other support services—we will always remember it all began with HOPE VI.”
Garcia lauds green aspects
The green and energy saving components of the revitalization are crucial, said Rick Garcia, the HUD Regional Administrator for Region VIII which includes Colorado.
“The competitive funding is a major opportunity for the Denver Housing Authority to continue to build on regional successes of our sustainable communities’ partnership with other federal agencies,” Garcia said. “I commend DHA, not only, for strategically planning a revitalization project to transform the site into a green community, promoting a healthy lifestyle, access to transit, and employment opportunities, but also for their leadership in demonstrating to the entire metro-area that sustainability can be achieved while providing housing choices for low to moderate income residents in Denver.”
The eight housing authorities announced nationally today were selected among 36 public housing authorities that applied for fiscal year 2010 HOPE VI Revitalization funding. Six of the grantees will be funded from fiscal year 2010 HOPE VI appropriations; two awards will come from fiscal year 2011 funding. Later this year, HUD will conduct a competition to award $65 million in FY2011 funding to implement the Department’s new Choice Neighborhoods Program. HUD awarded high marks to applicants who plan to extend neighborhood transformation efforts beyond public housing linking housing interventions with early childhood education programs. The Obama Administration is challenging communities to build upon the HOPE VI lessons to employ a comprehensive approach to community transformation.
Choice Neighborhoods aims to transform neighborhoods of poverty into viable mixed-income neighborhoods with access to economic opportunities by revitalizing severely distressed public and assisted housing and then linking these neighborhoods to well-functioning services, effective schools, public transportation and jobs.
About Hope VI grant
Housing authorities are competitively selected for HOPE VI grants based on many factors including the effectiveness and project readiness of their revitalization plans. HUD gives recipients the flexibility to develop revitalization plans that meet their local needs. Among other criteria, grantees are selected based on:
- The capacity of their housing authority and its development team to administer and manage completion of the revitalization effort.
- The severity of physical distress of the development.
- The bility of the housing authority to supplement the HOPE VI grant with funding from other sources, private, state or local government.
- The ability to provide supportive services to displaced residents.
- The proposed green development and energy efficiency strategies.
Since 1993, HUD has awarded 260 HOPE VI Revitalization grants to 133 housing authorities– totaling nearly $6.3 billion. HUD began awarding HOPE VI grants following a 1992 report by the National Commission on Severely Distressed Public Housing that found approximately 86,000 public housing units in the U.S.
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Contact John Rebchook at JRCHOOK@gmail.com