HUD No. 03-142
(202) 708-0685 ext. 7527
December 23, 2003
HUD ANNOUNCES $54 MILLION TO TRAIN YOUNG PEOPLE AND EXPAND AFFORDABLE HOUSING
Thousands of at-risk youth will be trained in construction trades
WASHINGTON - Thousands of young people who have not completed or
who are at-risk of dropping out of high
school will get a second chance to graduate while beginning a possible career in the construction trades because
of nearly $54 million in grants announced today by Housing and Urban Development Acting Secretary Alphonso Jackson. The grants are part of HUD's Youthbuild Program to provide job training, leadership skills and academic schooling to an estimated 3,300 low-income young people. These grants will also help build and rehabilitate more
than 1,700 affordable housing units for lower income families.
grants help young people get back on the right track by not only
providing them the education they
need but the training they can use for careers in homebuilding," said Jackson. "It's a wonderful feeling to know
these young people discover the satisfaction of a job well done and local communities get more affordable housing
in the process."
Young people who participate in these Youthbuild programs
experience difficulty finding good jobs because they lack high school
diplomas and necessary job skills. The grants announced today will
help these young men and women to receive high school equivalency
diplomas and provide training in homebuilding skills that will qualify
them for careers
in the building industry.
HUD's Youthbuild Program provides young people between the
ages of 16 and 24 with on-the-job training to acquire construction
skills by building and renovating single-family homes and multi-family
apartments. The homes are then sold at affordable prices to low-
and very low-income persons as well as homeless individuals and
addition, these grants are anticipated to generate millions of additional dollars from other public and private sources. Youthbuild grants totaling $437 million have been awarded since 1993.
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 as
well as enforces the nation's fair housing laws. More information about HUD and its programs is available on the Internet and espanol.hud.gov.