HOPE VI Housing Program: Was it Effective?
Michael Brazley and
John I. Gilderbloom
American Journal of Economics and Sociology, 2007, vol. 66, issue 2, 433-442
Abstract:
Abstract. This article is a case study of the Park DuValle Revitalization Project in Louisville, Kentucky, to evaluate whether the Department of Housing and Urban Development's HOPE VI program enhances quality of life. Park DuValle has gotten national attention and has received awards from HUD, the American Institute of Architects, and the Congress on New Urbanism. The research finds that HOPE VI, which tends to serve the needs of non–public housing tenants (80 percent of whom are now residents of the Park DuValle development), does not help the vast majority of residents who are displaced. Furthermore, HOPE VI builds housing that is two to three times more costly per unit than housing provided by competing nonprofit community development groups.
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ajecsc:v:66:y:2007:i:2:p:433-442
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