HUD PRINCIPAL DEPUTY ASSISTANT SECRETARY LOURDES CASTRO RAMIREZ TO MAKE MAJOR FUNDING ANNOUNCEMENT TO REVITALIZE DISTRESSED NEIGHBORHOODS

SACRAMENTO – September 26, 2015 – (RealEstateRama) — U.S. Housing and Urban Development Principal Deputy Assistant Secretary for Public and Indian Housing Lourdes Castro Ramirez will join local leaders in Sacramento, CA on Monday, September 28, 2015 to announce a major funding award that will revitalize distressed neighborhoods and increase opportunity for low-income residents.

The award is part of a five-city announcement that will help grantees pursue comprehensive, locally driven plans to revitalize and transform distressed neighborhoods. Part of the Obama Administration’s effort to build Ladders of Opportunity to the middle class, these HUD funds promote a comprehensive approach to transforming neighborhoods struggling to address the interconnected challenges of distressed housing, inadequate schools, poor health, high crime, and lack of capital.

Following this announcement, Ms. Castro Ramirez will participate in a tour of the targeted revitalization area.

DETAILS FOR MONDAY, SEPTEMBER 28

WHO: HUD Principal Deputy Assistant Secretary Lourdes Castro Ramirez

Sacramento Mayor Kevin Johnson and other local officials

WHAT: Press conference to announce significant funding award to pursue revitalization in

distressed neighborhoods

WHEN: Monday, September 28, 2015 at 9:30 a.m.

WHERE: Twin Rivers housing community

321 Eliza Street, Sacramento, CA 95811 (Off 12th Street, south of Richards Blvd)

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Angela Jones
Public Information Officer, SHRA
801 12th Street
Sacramento, CA 95814
(916) 440-1355 direct
(916) 492-2557 fax
ajones (at) shra (dot) org
www.shra.org