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Housing authority outlines Choice Neighborhoods redevelopment plan for Trincorp area, seeks federal funds
Summary
The housing authority’s executive director told the council the agency is preparing a master plan and federal grant applications to redevelop the Trincorp area into mixed-income housing, emphasizing residents would be rehoused during redevelopment.
The housing authority’s executive director outlined a Choice Neighborhoods planning and redevelopment effort focused on the Trincorp area and adjacent five-point transformation area. The director said the plan seeks to replace aging housing, preserve homes on-site where possible, and pursue federal funds to rebuild as mixed-income housing.
The executive director told the council that FEMA has “approximately over $40,000,000 waiting on this community” for redevelopment and that the authority anticipates applying to HUD’s Choice Neighborhoods implementation competition in the coming NOFA cycle for an award “anywhere between $30,000,000 and $50,000,000.” Taken together, the presenter said those funding sources could bring on the order of $90 million to the community when…
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