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From HUD Press Releases:
Two members of President Bush's Cabinet were in Memphis to highlight the positive effects a stable home environment has on children in the classroom.
Education Secretary Margaret Spellings joined Housing Secretary Alphonso Jackson to tour a local school and HOPE VI housing development at Uptown Memphis.
No Child Left Behind has helped grant families access to free tutoring services and public school choice in Memphis and throughout Tennessee.
Following their visit to Humes Middle School, both officials toured the home of Bobbie Wallace, a resident at Uptown Memphis.
Wallace used federal housing programs to transition from public housing, to a HOPE VI apartment complex and then into her own home.
"Bobbie's journey from public housing to rental housing and now to a home is proof of what we say at HUD: with good money management and sound spending habits, families of all income levels can take part in the American Dream and become homeowners," said Secretary Jackson.
Uptown was awarded a $35 million HOPE VI grant in 2001, and has leveraged $60 million in private funding.
Once complete, 926-units of affordable housing will be available to local families.
The HOPE VI program serves a vital role in the Department of Housing and Urban Development's efforts to transform Public Housing.
For 15 years, HOPE VI has been HUD's primary vehicle for redeveloping substandard public housing and moving residents to mixed-income and market-based communities.
The program has helped communities attract private development and break up concentrations of poverty.
Forging partnerships with other agencies, local governments, nonprofit organizations, and private businesses to leverage support and resources.
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Posted on August 13, 2007 4:55 PM
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