WASHINGTON - U.S. Rep. Bob Etheridge (D-Lillington) announced today that the Raleigh Housing Authority has received nearly $23 million in HOPE VI funding for the revitalization of Chavis Heights in Southeast Raleigh. In Congress, Etheridge has advocated for the funding, which is made through the U.S. Department of Housing and Urban Development (HUD).

"This is great news for Raleigh!" Etheridge said. "HOPE VI funding can make a dramatic difference in our communities and in the lives of our citizens. In Raleigh, we've already seen the success of this program with Capitol Park. In these tough economic times, this funding brings hope to this community and hope to families."

Just over $2.5 million of the funding is designated for the demolition of 296 public housing units at Chavis Heights. Nearly $20 million will be used for revitalization of the development with 209 new units. The revitalized development will provide housing and programs that will foster self-sufficiency among residents, including computer training and job readiness programs. A day care center and services for the elderly and disabled persons will also be offered.

The Raleigh Housing Authority has also received HOPE VI funds for the revitalization of Halifax Court, which was Raleigh's oldest and most dilapidated public housing complex. Etheridge attended the dedication of Capitol Park in March 2003.

The HOPE VI Grant Program was implemented in 1993 by the Department of Housing and Urban Development as a result of recommendations by the National Commission on Severely Distressed Public Housing. The goal of the HOPE VI Grant Program is to eradicate dilapidated public housing and replace it with mixed-income, mixed-use revitalized communities. The HOPE VI grant program is a highly selective, highly competitive program. Usually, only 20 - 25% of housing authorities applying for the grant will be successful in receiving a grant award.

The Bush administration's budget proposal for fiscal year 2005 eliminated funding for HOPE VI, cutting a program that has been successful in communities across the nation. Etheridge will continue to fight in Congress to restore that funding and keep improving North Carolina's communities.