January 10, 2008
Dear Settegast 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, 190 of these in the Settegast area, where 20 families will move in by the end of January 2008.
Settegast Community News:
Houston Habitat for Humanity will break ground on 34 LARA properties in the Houston Hope Settegast neighborhood. The first 20 homes began in October, with expected closing dates in mid-January 2008; the remaining 14 homes will close in spring 2008.
If you're interested in the Settegast area, please contact:
Houston Habitat for Humanity at 713.671.9993 or www.houstonhabitat.org.
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.