Thursday, June 3, 2010

Big bucks awarded for HUD project

Posted By on Thu, Jun 3, 2010 at 9:50 AM

The revamped development will include an early childhood center and an elementary school.

Families currently living in the west Charlotte projects are being relocated, though it's not clear to where.

The Charlotte Housing Authority will get nearly $21 million in federal money to help transform the Boulevard Homes housing project into a mix-use development.

Located near West Boulevard and Billy Graham Parkway, Boulevard Homes is one of the city’s last old-style public housing projects. A 2008 study showed it had a violent crime rate more than five times the city average.

The city plans to raze the 35-acre, 300-unit site and replace it with a mixed-use, mixed-income development that includes a K-8 school and an early childhood development center. The demolition and new development is projected to cost more than $150 million.

Charles Woodyard, CEO of the housing authority, told the Charlotte Observer he was "ecstatic" at the news. Charlotte was among 44 agencies to apply for $113.6 million in HUD money.

Read the rest of this Qcitymetro.com article, by Glenn Burkins, here.

Here's more recent news on federal HUD funding:

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