Interim Evaluation of HUD's Homeownership Zone Initiative
- March 2007 (160 pages)
- March 1, 2007
The Homeownership Zone (HOZ) demonstration program was launched in 1996 by the U.S. Department of Housing and Urban Development as part of a national strategy to expand homeownership. The HOZ program was intended to test the idea that a well-designed, large-scale, mixed-income homeownership housing development could transform a blighted neighborhood into a stable, vibrant community where families would want to live.
This interim evaluation of HOZ demonstration cities took place in 2004 and 2005 for three purposes: to collect baseline date for a final HOZ evaluation that will be conducted at the end of the demonstration program, to assess how well each city has implemented its plan so far, and to identify best practices that other communities can use to transform deteriorated neighborhoods by using mixed-income homeownership development. This report contains maps, pictures, interim statistics, and contact information for the 11 active HOZ sites.