One of the U.S. Department of Housing and Urban Development's signature programs could see one of its biggest expansions since its creation a decade ago, as part of the Biden Administration's new budget offer promising to deliver the biggest one-time investments in affordable housing in U.S. history.
HUD's Choice Neighborhoods program is different from more traditional housing projects that focus solely on building and repairing affordable housing units or expanding voucher programs. Under the latest initiative, cities and communities are able to apply for grants that do wide-scale revitalization efforts.
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