September 24, 2008
Homeownership provides a sense of security to families and promotes strong neighborhoods. So, we are proud to announce that as of September 2008, Houston Hope has helped 120 families to purchase quality affordable homes in re-energized areas of the city. Houston Hope is Mayor Bill White 's initiative to reinvest in several of Houston 's historic neighborhoods through a combination of stabilizing activities such as coordination of public safety programs, rehabbing existing homes, providing quality new affordable homes, and improving infrastructure and drainage.
Down payment assistance in the Houston Hope areas has been increased from $30,000 to $37,500.
Construction of the first $99K house will begin soon at 4015 Jewell Street in Fifth Ward. This affordable, sustainable, and energy efficient house will serve as a prototype for more houses to come.
All Houston Hope homes have Low Energy Consumption Designs!!
We have 12 families that have moved into their new home. Please welcome our new Acres Homes neighbors! Find out here how you can make one yours www.houstonhopehomes.org.
Currently, the Land Assemblage Redevelopment Authority (LARA) has acquired 971 properties citywide to begin building more homes.
Did You Know?
Wesley Elementary, located in Acres Homes, is a Math and Science Magnet School , and it also has a program with the Houston Ballet Company.
If you are interested in the Acres Homes area, please contact:
Acres Homes CDC: 713-692-1155
Burghli Homes: 713-389-1221
If you would like to learn more about Houston Hope, please call 713.522.HOME or visit www.houstonhopehomes.org. If you are a builder and would like to partner with a HUD Certified Community Development Corporation to build in any of the targeted Houston Hope Neighborhoods, please go to www.houstontx.gov/lara.
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