January 10, 2008
Dear Trinity / Houston Gardens 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, with 134 of these in the Trinity/Houston Garden area.
Historical Fact: After the completion of the 80 four-room houses by October 1934 in Houston Gardens , the 20 five-room houses were also completed. Each five-room house had three to five acre lots for people who wished "to raise poultry" either for market or their own use. Over 2,000 people applied for home ownership of the 100 houses. Federal housing authorities made the decision on who was eligible for homes based on a minimum qualifying average income (around $100/month) and the applicant's credit rating.
Trinity/Houston Gardens Community News:
Greater Houston Development Incorporated has begun construction of new affordable homes as builder/ CDC. If you're interested in purchasing a home in the Trinity/Houston Gardens area, please contact: GHDI 713.635.2300 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 targeted Houston Hope Neighborhood, please go to www.houstontx.gov/lara.