January 10, 2008
Dear Near Northside Community Residents:
We are proud to bring you the January 2008 monthly update on Houston Hope, through which 14 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.
Currently, the Land Assemblage Redevelopment Authority (LARA) has purchased 843 properties citywide.
Historical fact: Schools and cemeteries dating back to the early 1900s, such as Jefferson Davis High, Lee Elementary, Hollywood Cemetery, and Holly Cross Cemetery, all of which are still standing today, contributing to the history of the area.
Avenue CDC began construction on 10 affordable houses in October and should be ready to close by early 2008.
If you're interested in the Near Northside area, please contact:
Avenue CDC 713.864.8099 or email@example.com
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.