WASHINGTON, D.C. – September 28, 2015 – (RealEstateRama) — Congresswoman Doris Matsui and the U.S. Department of Housing and Urban Development (HUD) announced today that Sacramento’s Housing and Redevelopment Agency (SHRA) is the recipient of a $30 million grant award to implement the Neighborhood Transformation Plan (NTP) for the River District and surrounding area. The funding from this grant will allow a complete replacement and redevelopment of the 218 distressed public housing units within the Twin Rivers Neighborhood. Twin Rivers is one of Sacramento’s oldest public housing developments and has long been isolated and disconnected from its surrounding community, providing limited access to vital services.
“Today HUD is awarding a $30 million federal grant to help transform the Twin Rivers neighborhood,” said Congresswoman Matsui. “This is a reflection of the direction that Sacramento is headed and how the federal government is a continued partner in our region’s success. The housing and infrastructure at Twin Rivers is old and must be replaced. This grant will help us replace the housing, improve the transportation connections to the neighborhood, and implement a number of social services that will benefit the area’s residents. I am confident that this grant will truly transform our community. I am thankful for HUD Secretary Julián Castro’s commitment to our city, as well as SHRA’s efforts to bring this effort to fruition.”
“We are extremely proud that HUD has selected Sacramento for a 2015 Choice Neighborhoods Implementation Grant to help transform the Twin Rivers community and surrounding area,” said SHRA Executive Director La Shelle Dozier. “The countless hours of engagement from residents, community members and public-private partners over the past three years has really paid off, and we’re very excited to continue building on the investment we’ve already made to successfully transform this community and significantly improve quality of life for everyone who lives here.”
HUD’s Choice Neighborhoods program supports locally driven strategies to address distressed public or HUD-assisted housing through a comprehensive approach to neighborhood transformation. Sacramento was one of nine finalists selected, and one of five to receive a grant award. In 2012, SHRA received a $300,000 HUD planning grant, which was used to develop the comprehensive transformation plan for the River District and Railyards. This plan links housing improvements with appropriate services for its residents including, schools, public assets, transportation, and access to jobs. Earlier this year, HUD also announced Sacramento as a recipient of the HUD Promise Zone designation, which includes the Twin Rivers neighborhood.
Julie Eddy: (202) 225-7163