HOPE VI is a plan by the United States Department of Housing and Urban Development. It is meant to revitalize the worst public housing projects in the United States into mixed-income developments. Its philosophy is largely based on New Urbanism and the concept of Defensible space.
The program began in 1992, with formal recognition by law in 1998. As of 2005, the program had distributed $5.8 billion through 446 federal block grants to cities for the developments, with the highest individual grant being $67.7 million, awarded to Arverne/Edgemere Houses in New York, NY.
HOPE VI has included a variety of grant programs including: Revitalization, Demolition, Main Street, and Planning grant programs. As of June 1, 2010 there have been 254 HOPE VI Revitalization grants awarded to 132 housing authorities since 1993 – totaling more than $6.1 billion.
Famous quotes containing the word hope:
“Maybe all one can do is hope to end up with the right regrets.”
—Arthur Miller (b. 1915)