Losing Hope in HOPE VI?

As the fate of the HOPE VI program is debated in Congress, HUD puts the pressure on some local housing authorities to move their projects forward--or face severe penalties.
November 9, 2003, 9am PST | Connie Chung
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"The government is threatening to take money away from local housing authorities that miss deadlines on construction projects to revitalize worn-down public housing units....Of the 193 HOPE VI grants awarded since 1993, only 22 developments have been completed....The House has voted to reduce funds to $50 million, while a Senate bill would give HOPE VI $195 million next year."

Thanks to Connie Chung

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Published on Tuesday, November 4, 2003 in Yahoo! Newswire
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