Wednesday, September 13, 2006

HUD Statement on Redevelopment of Public Housing in New Orleans

The U.S. Department of Housing and Urban Development (HUD), established in 1965, works to create a decent home and suitable living environment for all Americans. HUD addresses individuals' housing needs by improving and developing American communities and enforcing fair housing laws.

8/28/2006

Despite false statements made today, the Department of Housing and Urban Development is moving forward with its plan to redevelop New Orleans public housing so that families will have the opportunity to return to better, safer neighborhoods. It is terribly sad that someone would perpetuate such a cruel hoax and play on the fears and anxieties of families who are desperate to return to their homes.


HUD is working with the local community to redevelop C.J. Peete, B.W. Cooper, Lafitte and St. Bernard public housing developments to make way for a mixture of public housing, affordable rental housing and single-family homes. HUD also announced plans for mixed-income affordable housing, homeownership opportunities and services for the former families of Lafitte.


The Department has also invested $500,000 to the city's Neighborhoods Rebuilding Plan or charrette process.


You can find FHA-approved in the Yellow Pages of your phone book. HUD does not make home loans directly - you must use a HUD-approved lender if you're interested in an FHA loan.