Home Loans and Support

Half a Million Dollars Awarded to Neighborhood Grant Studies by HUD

(Source: HUD) — The U.S. Department of Housing and Urban Development today awarded $500,000 in research grants to four entities to study HUD’s Choice Neighborhoods (CN) Program, a centerpiece of HUD’s neighborhood revitalization efforts to transform distressed neighborhoods into sustainable, mixed-income neighborhoods with the affordable housing, safe streets and good schools.

“HUD expects the Choice Neighborhoods Program will transform poverty-stricken neighborhoods and produce expanded opportunities for the families who live there,” said Erika Poethig, HUD Acting Assistant Secretary for the Office of Policy Development & Research. “These grants demonstrate our commitment to sound research to help gauge the program’s overall success and cultivate the most promising approaches to making the greatest possible impact.”

The following entities received the funding:

Source: HUD

To see entire press release, click on this link

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