The High Point Housing Authority and director Von Gore could be looking at a lean year:
No funding for HOPE VI grants from the U.S. Department of Housing and Urban Development was proposed, and existing projects making use of the federal grant funds were put on notice that there could be a day of reckoning ahead, according to housing authority officials.
Gore told the authority’s board of commissioners about the budget message last week and mentioned Spring Brook Meadows, an ongoing project in south High Point that is being financed with the help of a $20 million HOPE VI grant that was awarded in 1999.
Gore said she hadn’t seen any evidence that the project might be deemed “nonperforming” and that federal officials have not provided information beyond the vague warnings in the budget message.
“I wanted folks to be aware that this is an older grant,” she said.
Construction on Spring Brook Meadows began in December 2001. One phase, which now is complete, involved construction of 44 units reserved for elderly residents.
The other phase, when finished, will be composed of 118 single-family homes. Fifty-seven of these are in various stages of development, Gore said.
Definitely a little behind schedule.
