Trenton and Jersey City Receive HOPE VI grants from HUD
June 2nd, 2010 by Jay Corbalis
Of the six cities that were awarded a total of $113.6 million in the latest round of grants for the HOPE VI program administered by the U.S. Department of Housing and Urban Development (HUD), two were in New Jersey. Trenton and Jersey City were awarded grants of $22 million and $9.7 million, respectively, for projects aimed at transforming former public housing sites into mixed-income communities. The HOPE VI program was created during the Clinton administration to transform failing public housing projects across the country. Forty-four public housing authorities from across the country applied for grants under this round of funding.
In Trenton, the money will be used to transform the former Miller Homes site near the city’s train station, demolishing two large towers on the site and replacing them with “73 units of low-cost public housing, 101 subsidized rental units built using low-income housing tax credits, eight market-rate units and 87 rehabilitated or new houses for sale,” according to an article in the Times of Trenton. Trenton Mayor Doug Palmer, New Jersey’s U.S. Senators Robert Menendez and Frank Lautenberg and Congressman Rush Holt joined HUD Secretary Shaun Donovan this morning in Trenton to announce the award.