Sunday, March 29, 2009

Interview with New HUD DAS for Multifamily Nominee; She Talks About New Programs.

San Jose Mercury News interview is HERE.

She describes a new "Choice Neighborhoods" program that will apparently appear in the budget:

"A The other major program that is not part of the stimulus bill but is part of the new congressional budget proposal is to re-do troubled housing, both public housing and HUD-assisted. Among those 1.4 million units, there are some that are not in good shape and, frankly, are creating some negative environments.

Q What's that program called? It sounds very broad.

A It's called Choice Neighborhoods — the idea being you want to take neighborhoods that are troubled and change them into neighborhoods of choice."

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