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HOPE VI is a program of the United States ... As of June 1, 2010 there have been 254 HOPE VI Revitalization grants awarded to 132 housing authorities since 1993 ...
If a community is successful in becoming a designated renewal community, local business "may be entitled to employer wage credits for full-time employees and summer workers, an expanded expense deduction for tangible assets, an accelerated commercial revitalization deduction and a 100% exclusion for capital gains on the sale of certain renewal ...
In 1994 the Atlanta Housing Authority, encouraged by the federal HOPE VI program, embarked on a policy created for the purpose of comprehensive revitalization of severely distressed public housing developments. These distressed public housing properties were replaced by mixed-income communities.
The federal Housing and Urban Development (HUD) department's 1993 HOPE VI program addressed concerns of distressed properties and blighted superblocks with revitalization and funding projects for the renewal of public housing to decrease its density and allow for tenants with mixed income levels.
The program was the legislative response to riots that erupted in 1992 in Los Angeles after justification of police officers charged in the beating of an African-American motorist during the arrest. [3] The Community Renewal Tax Relief Act of 2000 authorized the creation of 40 renewal communities and created the New Markets Tax Credit Program. [4]
The first phase of construction lasted from 1938 to 1941, and was financed with funds from the Wagner-Steagall Act. The second phase was from 1951 to 1956, using grants funded by the Housing Act of 1949. The final phase took place from 1962 to 1973, with only a few smaller projects completed after that date.
The author of “The Seven Husbands of Evelyn Hugo” returns with an epic love story set during the 1980s Space Shuttle program. In “Atmosphere,” Joan Goodwin joins a team of NASA’s first ...
The idea of a department of Urban Affairs was proposed in a 1957 report to President Dwight D. Eisenhower, led by New York governor Nelson A. Rockefeller. [3] The idea of a department of Housing and Urban Affairs was taken up by President John F. Kennedy, with Pennsylvania Senator and Kennedy ally Joseph S. Clark Jr. listing it as one of the top seven legislative priorities for the ...