Since 1993, HOPE VI has been the engine
driving the revitalization of the Nation's most distressed public
housing developments by providing grants and unprecedented flexibility
to address the housing and social service needs of their residents.
The HOPE VI program was developed as
a result of recommendations by the National Commission on Severely
Distressed Public Housing, which was charged with proposing a National
Action Plan to eradicate severely distressed public housing. The
Commission recommended revitalization in three general areas: physical
improvements, management improvements, and social and community
services to address resident needs.
Type of Assistance
HOPE VI funds Revitalization
Any public housing authority
(PHA) that operates public housing units is eligible to apply for
HOPE VI grants. Indian Housing Authorities and Section 8-only Authorities
are not eligible to apply for HOPE VI funding.
HOPE VI programs benefit
current public housing residents, residents of the revitalized public
housing units, and communities surrounding the revitalized sites.
HOPE VI permits expenditures
for the capital costs of demolition, construction, rehabilitation
and other physical improvements, development of replacement housing,
and community & supportive services. It encourages PHAs to seek
new partnerships with private entities to create mixed-finance and
mixed-income affordable housing that is radically different from
traditional public housing "projects." PHAs administer the program,
and can use the grants in conjunction with modernization funds or
other HUD funds, as well as municipal and State contributions, public
and private loans, and low-income tax credit equity. While most
of the funds are to be used for capital costs, a portion of the
grant may be used for community and supportive services.
Appropriations are distributed through
an annual national competition. PHAs respond to a Notice of Funding
Availability (NOFA) published in the Federal Register by submitting
an application to HUD. Each year's NOFA and application kit are
automatically mailed to each eligible PHA upon publication. The
NOFA can also be found on the HOPE VI website.
On average, approximately $115
million has been appropriated for HOPE VI grants each year since
fiscal year (FY) 2004.
No regulations have been
published for the HOPE VI Program. Each Grantee is subject to the
terms of its Grant Agreement, which is the contract signed by the
Grantee and HUD. HUD posts program guidance to the HOPE VI web site
(http://www.hud.gov/hopevi). This guidance
includes information on timelines, budgets, financial instructions,
and self-sufficiency programs. HUD also publishes a Mixed Finance
Guidebook that is available by calling 800-955-2232.
For More Information
Contact the Office of Public
Housing Investments, Urban Revitalization Division at (202)401-8812,
or visit the HOPE VI web site.