HUD AWARDS HOUSING AUTHORITY OF COVINGTON $17,000,000 TO REVITALIZE THE JACOB PRICE PUBLIC HOUSING DEVELOPMENT
One of six housing authorities receiving a total of $113.6 million to revitalize public housing, transform surrounding neighborhoods, make early childhood education a priority

LOUISVILLE - U.S. Housing and Urban Development Secretary Shaun Donovan announced today that the Housing Authority of Covington will receive $17,000,000 to revitalize the Jacob Price public housing development. This will consist of demolishing 109 dilapidated units and replacing them with 169 new units. Five other public housing authorities will receive a total of $96.6 million to transform distressed public housing developments in their cities into mixed-income communities. Housing authorities in Charlotte, NC, Dallas, TX, Jersey City and Trenton, NJ, and Memphis, TN were each able to develop highly successful revitalization plans, including effectively incorporating
early childhood education programs- a priority for the Obama Administration.

"The HOPE VI Program has done an outstanding job over the years to improve housing conditions for countless low-income communities and this year, we took it a step further," Donovan said. "As we start to broaden the scope of
our efforts through the Choice Neighborhoods pilot program - linking housing to schools and early education
programs, public transportation, grocery stores, health clinics and community centers - this year, HUD encouraged housing authorities for the first time to incorporate early childhood education components in their revitalization
plans. I applaud all of the applicants, especially these agencies, for stepping up to that challenge in extraordinary ways."

The following housing authorities are being awarded grants through HUD's FY 2009 HOPE VI Revitalization award process:

• Housing Authority of the City of Charlotte (NC) will receive $20,900,000 to revitalize the Boulevard Homes
  public housing development.
• Housing Authority of Covington (KY) will receive $17,000,000 to revitalize the Jacob Price public housing development.
• Housing Authority of the City of Dallas (TX) will receive $22,000,000 to revitalize the Turner Courts public housing development.
• Housing Authority of the City of Jersey City (NJ) will receive $9,700,000 to revitalize the A. Harry Moore
  public housing development.
• Memphis (TN) Housing Authority will receive $22,000,000 to revitalize the Cleaborn Homes public housing development.
• Housing Authority of the City of Trenton (NJ) will receive $22,000,000 to revitalize the Miller Homes public housing development.

Including the grants announced today, there have been 254 HOPE VI Revitalization grants awarded to 132 housing authorities since 1993 - totaling more than $6.1 billion.

The six housing authorities were selected from among 44 agencies from across the country that applied for HOPE VI Revitalization Program funding. For the first time since the inception of the program, applicants for FY 2009 HOPE VI Revitalization funding were encouraged to include plans in their applications to connect the redevelopment effort
with early childhood education programs. The HOPE VI Program aims not only to transform the physical condition of
a public housing community, but also to positively impact the lives of the residents. As one way to encourage that objective, housing authorities were given additional points in the application scoring process for demonstrating commitments and plans related to early childhood education, such as having a partnership with an institution that implements a comprehensive, high-quality, results-oriented early childhood education program that promotes best practices.

The early childhood education component encouraged through this grant round challenged housing authorities to extend neighborhood transformation efforts beyond public housing to link housing intervention with education. The Obama Administration upholds this challenge in Choice Neighborhoods, a pilot program that is currently under development. Choice Neighborhoods, which Congress approved with HUD's FY 2010 budget, aims to build upon the achievements and lessons learned of HOPE VI by employing a comprehensive approach to community development centered on housing development. Choice Neighborhoods aims to transform neighborhoods of poverty into viable mixed-income neighborhoods with access to economic opportunities by revitalization of severely distressed public
and assisted housing by investing and leveraging in well-functioning services, effective schools and education programs, public assets, public transportation and improved access to jobs. A pre-notice concerning Choice Neighborhoods was recently issued by the Department and is posted on the HUD website at www.hud.gov/cn.

Since 1993, HUD has awarded HOPE VI grants to public housing authorities to encourage public-private partnerships to transform severely distressed public housing into mixed-income communities that assist residents in becoming
self-sufficient. The program was created in 1992 following a report by the National Commission on Severely
Distressed Public Housing, which concluded that approximately 86,000 public housing units in the U.S. needed revitalization.

HOPE VI Revitalization grant funds are used for an array of activities, including: demolition of severely distressed public housing; acquisition of sites for off-site construction; capital costs of major rehabilitation; new construction and other physical improvements; costs for mobility counseling and relocation; and community and supportive
service programs for residents, including those relocated as a result of revitalization efforts.

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 also awarded funds based on the capacity of the housing authority and its development team to administer and manage completion of the revitalization effort; the severity of physical distress of the development; the ability 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; and the proposed green development and energy efficiency strategies.

###

HUD is the nation's housing agency committed to sustaining homeownership; 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. More information about HUD and its programs is available on the Internet and espanol.hud.gov.

PROJECT SUMMARIES FY 2009 HOPE VI REVITALIZATION AWARDS

Charlotte, NC- Boulevard Homes
The Charlotte Housing Authority will receive a FY 2009 HOPE VI Revitalization grant in the amount of $20.9 million which will enable CHA to revitalize the Boulevard Homes (formerly Boulevard Gardens) public housing development. This would be CHA's fifth HOPE VI Revitalization grant. The revitalization project is currently comprised of 301 distressed units, all of which will be demolished. Boulevard Homes will be replaced with a total of 902 units. Of this total, there will be 233 units of public housing/Low-Income Housing Tax Credit (LIHTC) rental units, 172 LIHTC-only rental units, 365 project-based voucher and other subsidized units, and 132 market rate rental units. Of these units, 630 will be family units and 272 will be elderly units. The units will be split between 332 on-site and 570 off-site. Community and Supportive Services (CSS) will also be provided to all impacted families. This unique revitalization development is centered on an innovative "Educational Campus" that directly responds to the needs of the children, the residents of Boulevard Homes, and the surrounding community. The Educational Campus will house a K-8 school, an early childhood development center, a community center, and provide links to the community college.

Covington, KY - Jacob Price Homes
The Housing Authority of Covington will receive a FY 2009 HOPE VI revitalization grant in the amount of $17 million, which will enable the Housing Authority to revitalize the Jacob Price public housing development. This will be HAC's first HOPE VI Revitalization grant. The revitalization project is currently comprised of 109 distressed units, all of
which will be demolished. Jacob Price Homes will be replaced with a total of 169 units both on- and off-site. Of this total, there will be 7 public housing units, 49 public housing/Low-Income Housing Tax Credit (LIHTC) units, 52 LIHTC-only units, 27 market-rate rental units, and 34 HOPE VI affordable homeownership units. Of these units, 97 units will be on-site and 72 will be off-site. Community and Supportive Services (CSS) will also be provided to all impacted families. HAC has entered into a Memorandum of Understanding with the Covington Independent Public Schools to provide early childhood education opportunities for children from the Jacob Price community at the James E. Briggs Early Childhood Education Center.

Dallas, TX- Turner Courts
The Dallas Housing Authority (DHA) will receive a FY 2009 HOPE VI Revitalization grant in the amount of $22 million, which will enable the Housing Authority to revitalize the Turner Courts public housing development, to be renamed Buckeye Trail Commons. This would be the Housing Authority's fourth HOPE VI Revitalization grant. The revitalization project was comprised of 294 distressed units, all of which were demolished in 2009. Turner Courts will be replaced with a total of 334 units. Of this total, there will be 46 units of public housing rental units, 82 public housing/Low-income Housing Tax Credit (LIHTC) rental units, 10 LIHTC-only units, 60 project based voucher (PBV) units, 114 PBV/LIHTC units, 10 market-rate rental units and 12 HOPE VI affordable homeownership units. Of these units, 322
will be on-site and 12 will be off-site. Community and Supportive Services (CSS) will also be provided to all impacted families. DHA has executed a Memorandum of Understanding with Head Start of Greater Dallas (HSGD) to implement Head Start and Early Head Start programs at the revitalized Turner Courts.

Jersey City - A. Harry Moore
The Jersey City Housing Authority (JCHA) will receive a FY 2009 HOPE VI revitalization grant in the amount of $9.7 million, which will enable the Housing Authority to revitalize the A. Harry Moore (AHM) public housing development. This would be the Housing Authority's third HOPE VI revitalization grant. The revitalization project is currently comprised of 277 distressed units, all of which will be demolished. The AHM development will be replaced with a total of 299 units both on- and off-site. Of this total, there will be 10 public housing units, 35 public housing/Low-Income Housing Tax Credit (LIHTC) units, 54 LIHTC-only units, 95 project based voucher/LIHTC units, 19 other subsidized rental units, 12 market-rate rental units, 70 HOPE VI affordable homeownership units, and 4 other affordable homeownership units. Of these units, 134 will be on-site and 165 will be off-site. Community and Supportive Services (CSS) will also be provided to all impacted families. JCHA has entered into a Memorandum of Understanding (MOU) with the Jersey City Board of Education (JCBOE), which has provided and will continue to provide Pre-K programs in the neighborhood. As part of the revitalization plan, JCBOE will construct and operate a new on-site 6 classroom
Pre-K Program.

Memphis, TN - Cleaborn Homes
The Memphis Housing Authority (MHA) will receive a FY 2009 HOPE VI Revitalization grant in the amount of $22
million, which will enable the Housing Authority to revitalize the Cleaborn Homes public housing development. This would be the MHA's fifth HOPE VI Revitalization grant. The revitalization project is currently comprised of 460 distressed units, all of which will be demolished. Cleaborn Homes will be replaced with a total of 400 units. Of this total, there will be 140 units of public housing/Low-Income Housing Tax Credit (LIHTC) rental units, 110 LIHTC-only rental units, 40 project based voucher units, and 110 market rate rental units. Of these units, 301 will be on-site
and 99 will be off-site. Community and Supportive Services (CSS) will also be provided to all impacted families. MHA has executed a Memorandum of Understanding with the Shelby County Government Head Start program to enroll current and future CSS-eligible families in both the Head Start and Early Head Start. In addition, the Head Start program has partnered with Porter Leath, a United Way agency, which will provide home visitation services to
support residents who are pregnant.

Trenton, NJ - Miller Homes
The Housing Authority of the City of Trenton (THA) will receive a FY 2009 HOPE VI revitalization grant in the amount of $22 million, which will enable the Housing Authority to revitalize the Miller Homes public housing development. This would be the Housing Authority's first HOPE VI Revitalization grant. The revitalization project is currently comprised
of 256 distressed units, all of which will be demolished. Miller Homes will be replaced with a total of 309 units both
on- and off-site. Of this total, there will be 73 public housing/Low-Income Housing Tax Credit (LIHTC) units, 101 LIHTC-only units, 8 market-rate rental units and 127 affordable homeownership units. Of these units, 182 will be on-site and 127 will be off-site. Community and Supportive Services (CSS) will also be provided to all impacted families. THA is partnering with four institutions to provide Early Childhood Education services to Miller Homes' children and
their families.