n
en ."
T· ey- William instigated
. a local ne p per urvey of
DllJlbOar in the city and a sur
vey by the city tent tively
cheduled for rele ed this
he ys t tistics indi
te definite target" . of the five
zip codes . I incom in
Detroit. This finding would be
COJJ�'Sle • _ suneys in ew
W . on, D.C., St.
d other cities showing
t rgetin of low-income,
minority neighborhoods.
The commissio er says the
m .. cant thiag about the
or of t citizc in Detroit
h been "raising the co ous
ne of . people ho just ac-
cepted things they ere.
That co io gives them
real po r."
e Section 202 program
provide direct, long term
Federal to eligible • e
DO -profit groups to finance
00 ·onor��mti�
reb bilit tion of rental or
cooper tive bou ing for the
elderly or disab ed,
HUD received 392 app1ica-
. for these fiscal year 1989
funds. Of the 155 applicatio
selected to receive loan reserva
tion ,37 re poasored by
minority organizations; they
re ded $93.8 million, or
28.7% of the total funding.
In the competi� ppli ca-
tion process, pplicatio . ch
urvive a preliminary evaluation
. and technical revi p ocess
e r ed ccording to several
f ctors. They include cap bility
o the ponsor to establish the
proposed project nd ensure it
long term viability; the need in
the locality fo ucb a project
d evide ce of support for th�
project from the local com
munity.
Loans under the Section 202
program cove up to 100% of
total development cost nd
m y be rep id over a 40 year
period at belo market interest
r tes. Tenan in th projects
built under the progr will
receive Section 8 housing .
ce to help pay their rent.