By Nicole Ludden | Arizona Daily Star
Tucson is set to receive $50 million in federal funding to create three new housing developments while rehabilitating the Tucson House public housing high-rise, officials announced Wednesday.
The funding comes from the U.S. Housing and Urban Development Department’s Choice Neighborhoods program that awards grants to revitalize struggling neighborhoods with “distressed public or HUD-assisted housing.”
In Tucson, the money will go toward the comprehensive Thrive in the ‘05 initiative by creating 550 new or rehabilitated housing units, says a news release from the city.
“This is a transformative grant, not just for the people who live in the (Thrive in the ’05 area) but for all Tucsonans,” Mayor Regina Romero said.