February 11, 2008
Dear Trinity/Houston Gardens 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, with 138 of these in the Trinity/Houston Garden area.
Historical Fact: By February 1935, the first 83 families had moved into their new homes. When this successful project was completed, the total cost of the 100 houses was $283,568 with an average unit cost of $2,836. During construction, an average of 100 workers were provided steady work, with more than 175 laborers working during peak periods of construction.
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.