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AUSTIN, TX – U.S. Housing and Urban Development (HUD) Secretary Julián Castro today announced funding available to help local communities across the country to redevelop severely distressed public and HUD-assisted housing and transform surrounding neighborhoods. This funding is subject to increase if there is an FY2015 appropriation. Part of the Obama Administration’s effort to build Ladders of Opportunity to the middle class, HUD is offering grants of up to $30 million through its Choice Neighborhoods Implementation Program to support locally driven solutions for transforming neighborhoods struggling to address poor quality housing, inadequate schools, poor health, high crime, and lack of capital.

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