ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

DHA Awarded $5 Million in Highly Competitive HUD Mobility Grant to Support Families Moving to High-Opportunity Areas

Funds will expand housing choices for Housing Choice Voucher (HCV) families with children by increasing access to high-opportunity areas.

DHA, Housing Solutions for North Texas was recently awarded a $5 million grant from the U.S. Department of Housing and Urban Development (HUD) to help HCV families gain greater access to high-opportunity areas.

DHA is one of only seven public housing agencies (PHAs) awarded across the country, and the funds are designed to enable PHAs to provide critical housing mobility counseling and financial assistance to support families’ housing choice. The highly competitive grant approval process required DHA to submit a comprehensive mobility plan for HUD review.

“The receipt of mobility grant funding will be transformative in DHA’s ability to assist families in transitioning to high-opportunity areas. At DHA, we believe everyone deserves a place to call home with access to great schools, job opportunities, transportation, healthy food and health care resources. Access to high-opportunity areas is critical to the success of our families, allowing everyone the chance to thrive,” says Troy Broussard, chief executive officer and president of DHA.

As a leading public housing authority, DHA is laser-focused on creating inclusive, sustainable housing solutions and opportunities for families to enhance their quality of life and achieve a brighter future.

Recent research underscores the positive impact of lower-poverty neighborhoods on academic achievement and long-term success, allowing families to break the cycle of intergenerational poverty. Families living in lower-poverty neighborhoods experience better health outcomes, such as lower rates of hospitalization, reduction in obesity and diabetes and improved mental health.

The HCV program offers families with vouchers the opportunity to live in a neighborhood of their choice. Yet, they often face barriers that limit their ability to move into high-opportunity areas. In addition to funds designated for mobility-related services for families, the mobility grant will address strategies to increase landlord participation in high-opportunity areas, reducing barriers for families looking to access areas with low poverty rates, high-performing schools and abundant amenities.

DHA has 90 days to create a comprehensive implementation plan detailing how the grant funds will be maximized to help North Texas families find affordable housing in high-opportunity areas through mobility counseling, housing search and financial assistance. There will be a six-month planning period ahead of funds being released.

“We are excited that HUD found merit in our competitive application and proposed mobility plan to support the families we serve. We look forward to implementing a comprehensive plan that will enable us to continue to be a catalyst for positive change in the lives of our clients, breaking down barriers and providing access to greater opportunities and brighter outcomes,” concludes Broussard.

About DHA, Housing Solutions for North Texas (formerly the Dallas Housing Authority)

DHA, Housing Solutions for North Texas provides quality, affordable housing to low-income families and individuals through the effective and efficient administration of housing assistance programs. The agency aims to create opportunities for program participants to achieve self-sufficiency and economic independence. DHA provides housing opportunities to ~55,000 people through public housing developments and Housing Choice Voucher (Section 8) programs. Our mission is to provide affordable, quality housing and access to supportive resources across North Texas. DHA is governed by its Board of Commissioners and administers housing programs funded and regulated by the U.S. Department of Housing and Urban Development. DHA is an independent, local government entity that is separate from the Dallas City Housing/Community Services department, which is governed by the City of Dallas. For more information about DHA, please visit www.dhantx.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.