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House Passes HOPE VI Reauthorization
Bill Includes Green Building Provisions

On January 17, 2008, the U.S. House of Representatives passed H.R. 3524, the HOPE VI Improvement and Reauthorization Act of 2007. This groundbreaking legislation ensures all new HOPE VI developments will meet green building criteria to the benefit of low-income families nationwide.

Rep. Olver, chairman of the House Transportation-HUD Appropriations Subcommittee, stated, “Cities and states across the country are raising the bar on the healthiness, energy efficiency, and environmental responsibility of affordable housing based on the Green Communities Criteria approach. And they do so because it makes good sense. With this vote, the 110th Congress had its first opportunity to live up to the spirit of the landmark energy legislation that recently became law. We took an important first step toward the Federal government holding itself to a higher standard… Low-income families and public housing authorities are reaping the benefits from lower utility bills.”

Read the press release. [PDF, 82KB]

HOPE VI fact sheet. [PDF, 372KB]

 

In the News

Withering Tax Credits Put Crimp on Housing
The Boston Globe
June 18, 2008

Millions for Foreclosures
The Wall Street Journal
June 18, 2008

The Case for a Housing Rescue
By Congressman Barney Frank
The Washington Post
March 9, 2008

Losses Stall Affordable Housing Projects
The Wall Street Journal
March 12, 2008


 
   
 

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