SUPPORT FOR HOPE VI
WHEREAS,
the Hope VI Program was established as a National Action Program to eradicate
severely distressed public housing; and
WHEREAS,
hundreds of millions of dollars have been appropriated to the Hope VI Program
to assist local public housing authorities in the elimination of substandard
residential housing and living conditions; and
WHEREAS,
the Hope VI Program has been an important catalyst for transforming distressed
and disinvested neighborhoods into viable mixed income residential communities;
and
WHEREAS,
prior investments in the Hope VI Program has been successful in creating mixed
income and diversified affordable housing opportunities for citizens; and
WHEREAS,
the Hope VI Program has attracted a wide range of private investment resources
to reinforce public housing resources to fund the cost of public housing
assisted units; and
WHEREAS,
there is need to modify the Hope VI Program and release some of the regulatory
burdens placed on public housing assisted units in mixed-income communities to
assist in leveraging private investments that is key to the success of the Hope
VI Program and its neighborhood revitalization objectives.
NOW THEREFORE BE IT RESOLVED
that the US Congress should sustain and increase funding appropriations for the
Hope VI Program and modify the program to authorize a mixed income, mixed
financed community development program that is based on realistic and
reasonable market assumptions. This
modified program approach will enhance the HOPE VI program and provide
increased access for low and moderate income citizens to obtain affordable
housing, maximize private investment and ease the federal burden for
implementing the program.
BE IT ALSO RESOLVED that
HUD and Hope VI policy allow housing near places of employment including some
industrial zoning which meet smart growth goals.
©2004 U.S. Conference of Mayors