February 11, 2008
Dear Settegast Community Residents:
We are proud to bring you the February 2008 monthly update on Houston Hope, through which 45 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 861 properties citywide, 196 of these in the Settegast area, where 2 families have moved in, with many more scheduled for early 2008.
Settegast Community News:
Houston Habitat for Humanity has started homes 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.