HUD Housing Programs: Tenants’ Rights (The Green Book): 12.2.3.2.1 Loss of Units under HOPE VI
The HOPE VI program is a multi-billion dollar federal grant program that funds the demolition or redevelopment of “severely distressed” public housing.150 Each year, if funding is available, PHAs apply to HUD for HOPE VI grants on a competitive basis. From 1993 to 2010, over $6.7 billion in HOPE VI grants was awarded.151 Studies have critically evaluated the performance of HOPE VI.152