March 11, 2008
Dear Acres Homes Community Residents: We are proud to bring you the March 2008 monthly update on Houston Hope, through which 49 families have now been able to buy 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 older 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. As a participant of the Houston Hope initiative, qualified buyers in the targeted areas may receive up to $30,000 in down payment assistance. GREAT NEWS Burghli Homes has closed on 9 homes on Apollo Street . Please welcome our new Acres Homes neighbors! Currently, the Land Assemblage Redevelopment Authority (LARA) has purchased 874 properties citywide, with 216 of these in the Acres Home area, where 9 families are already in their new homes or will be moving in shortly. If you are interested in viewing one of these homes, please call Acres Homes CDC at 713-692-1155, or Burghli Homes at 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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