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THE REHABILITATION OF BRADLEY PARK AND MT. OLIVE MANOR: A PROPOSAL
Dublin Core
Title
THE REHABILITATION OF BRADLEY PARK AND MT. OLIVE MANOR: A PROPOSAL
Subject
Public Housing, Champaign County Housing Authority
Description
From Introduction:
America is experiencing an acute shortage of housing for
the last four decades. To deal with this housing menace j the
government started giving assistance for the construction and
rehabilitation of the housing units. All assistance has been
channeled through five programs: low-rent public housinng and
rent supplements directed towards low-income fami es mortgage
assistance, rental assistance, and subsidized loans for
rural and small-town borrowers directed toward lowerfamilies.
Bradley Park and Mt. Olive I'1anor (BP/lvIOJl.1) are two
family projects constructed under such federally-ass ted
programs. Due to
economic environment
of management capabilities and so
ng the context of the project
BP/MOM defaulted a few years after its completion and became
a property of the Department of Housing and Urban Development
(HUD). This study is an analysis of the history of
leading to the current situation and possible financial/
managerial alternatives which could ameliorate this and
similarly troubled projects into posi ve neighborhood communities
of low-to-moderate-income fami es.
This report was prepared by a study group consisting of
two graduate students at the University of Illinois. l To
achieve the objectives put forward by the study, the group
utilized the class discussions and the invaluable assistance
2
of the guest speakers of wide and diverse backgrounds. 0,
library resources and available literature surveys have been
used to provide much of the background and s stical
mation for the project.
The paper initi discusses the background of B
Park and Mt. Olive Manor. Recommended disposition proposal
BP/MOM is followed by various financial and managerial alternatives.
Finally, the study group's recommendations for an
overall solution is presented. An appendix made up of
charts, maps, and statistics is a d to the
study in perspective.
America is experiencing an acute shortage of housing for
the last four decades. To deal with this housing menace j the
government started giving assistance for the construction and
rehabilitation of the housing units. All assistance has been
channeled through five programs: low-rent public housinng and
rent supplements directed towards low-income fami es mortgage
assistance, rental assistance, and subsidized loans for
rural and small-town borrowers directed toward lowerfamilies.
Bradley Park and Mt. Olive I'1anor (BP/lvIOJl.1) are two
family projects constructed under such federally-ass ted
programs. Due to
economic environment
of management capabilities and so
ng the context of the project
BP/MOM defaulted a few years after its completion and became
a property of the Department of Housing and Urban Development
(HUD). This study is an analysis of the history of
leading to the current situation and possible financial/
managerial alternatives which could ameliorate this and
similarly troubled projects into posi ve neighborhood communities
of low-to-moderate-income fami es.
This report was prepared by a study group consisting of
two graduate students at the University of Illinois. l To
achieve the objectives put forward by the study, the group
utilized the class discussions and the invaluable assistance
2
of the guest speakers of wide and diverse backgrounds. 0,
library resources and available literature surveys have been
used to provide much of the background and s stical
mation for the project.
The paper initi discusses the background of B
Park and Mt. Olive Manor. Recommended disposition proposal
BP/MOM is followed by various financial and managerial alternatives.
Finally, the study group's recommendations for an
overall solution is presented. An appendix made up of
charts, maps, and statistics is a d to the
study in perspective.
Creator
Lavanga Shah and Mohamad Vaghei
Publisher
Unpublished student paper for Urban Planning 495
Date
25 April 1983
Contributor
Leonard Heumann
Contribution Form
Online Submission
No
Scripto
Document Item Type Metadata
Collection
Citation
Lavanga Shah and Mohamad Vaghei, "THE REHABILITATION OF BRADLEY PARK AND MT. OLIVE MANOR: A PROPOSAL," in eBlack Champaign-Urbana, Item #825, https://eblackcu.net/portal/items/show/825 (accessed November 22, 2024).
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