2003 Adopted Resolutions
71st Annual Meeting
Denver

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REAUTHORIZATION AND FULL FUNDING FOR HOPE VI PROGRAM

WHEREAS, Since 1992, HUD's HOPE VI program has provided over $ 4.5 billion to cities across the country to revitalize severely distressed public housing sites and surrounding neighborhoods; and

WHEREAS, under the successful administration of local public housing authorities, the HOPE VI program has leveraged billions of dollars in private investment in distressed communities, set forth the revitalization of thousands of units of public and affordable housing, provided homeownership opportunities for low and moderate income residents, created jobs for people who have not had access to economic opportunity, and provided job training and social services for public housing residents; and

WHEREAS, the HOPE VI program has brought together important community partners, including businesses, representatives from governments, philanthropic institutions, lenders, non-profits, faith-based institutions, and residents, to formulate and implement a plan for comprehensive revitalization in their communities; and

WHEREAS, in fiscal year 2002, HUD was able to only fund less than half of the HOPE VI applications it received, demonstrating a strong, on-going need for continued funding for the program; and

WHEREAS, according to current law, the HOPE VI program is scheduled to end after fiscal year 2004; and

WHEREAS, HUD's proposed budget for fiscal year 2004 does not include funding for this important program,

NOW, THEREFORE, BE IT RESOLVED that the U.S. Conference of Mayors opposes the termination of this highly successful program after fiscal year 2004, and calls upon Congress to (1) appropriate at least $ 625 million for HOPE VI in fiscal year 2004; and (2) take other appropriate legislative action to ensure that the HOPE VI program is continued at least through fiscal year 2008.