HOPE VI definition
Examples of HOPE VI in a sentence
X HOPE VI Funding to revitalize public housing projects in poor condition into mixed-income developments, largely based on New Urbanism, with activities that may include planning, design, acquisition, disposition, rehabilitation, maintenance, demolition, and construction.
Until such time as the Grantee requests and HUD, in its discretion, approves any such requests in writing, the Grantee does not have authority to implement the activities described in the HOPE VI Application to which the request for approval applies (or for which a request for approval is needed).
The Grantee agrees to comply with all other terms and conditions HUD may establish to administer, monitor, or evaluate the HOPE VI Program in an effective and efficient manner.
The Grantee agrees that, in its accounts and recordkeeping, it will not commingle HOPE VI Grant funds with funds from any other sources including, but not limited to, other HUD program funds or funds from other Federal, State or local government agencies.
The following Federal Fair Housing requirements are applicable to HOPE VI.
The Grantee will comply with all rules, guidelines, and notices established for HOPE VI under LOCCS, or any substitute system, in connection with any drawdown of HOPE VI Grant funds.
The Grantee may deposit up to 15 percent of the HOPE VI Grant amount (the maximum amount of the grant allowable for CSS programs) into an endowment trust to provide CSS activities (the "Endowment Trust").
The Grantee certifies that its HOPE VI Application was consistent with Environmental Justice Executive Order 12898 and acknowledges that HUD has relied upon this certification in executing the Grant Agreement.
If other Federal programs are used in connection with the Grantee's HOPE VI Program, such labor standards shall also apply to the extent required by the other Federal programs.
The Grantee shall ensure that any entity to which it makes grant funds available will comply with the HOPE VI Requirements.