March 11, 2008
Dear Fifth Ward 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.
Pedraza Construction has begun construction of 13 affordable houses, with at least 6 of these sold to qualified buyers.
Currently, the Land Assemblage Redevelopment Authority (LARA) has purchased 874 properties citywide, with 76 of these in the Fifth Ward area, where 5 families are already in their new homes or will be moving in shortly.
Historical fact: The Julia C. Hester House began services in 1941 in Fifth Ward. The facility was named after Julia C. Hester, a teacher and resident of Fifth Ward who was recognized for opening her home to neighborhood youth to ensure their safety and education. The Hester House continues to honor her legacy by providing a safe place for youth and promoting education and quality of life for families in Fifth Ward.
If you're interested in the Fifth Ward Area, please contact:
Tejano CDC: 713.640.9990 or email@example.com
Pedraza Construction: 281-850-9971
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 Neighborhood, please go to www.houstontx.gov/lara.