The project transformed the once low-income area into mixed-income development.
Brick Towers has since been demolished, and a new mixed-income development was built there in 2010.
The new rental housing should be mixed-income developments that promote diverse, stable neighborhoods.
The city has led the country, rivaled only by Chicago, in the race to replace public housing projects with mixed-income developments.
It is now a mixed-income development called River Garden, with a small fraction of the original public housing tenants.
Developers used the Section 8 guarantees as backing when they raised money for low- or mixed-income developments.
At a time when most housing funds are being trimmed, Cisneros will spend $80 million to transform the site into a smaller, mixed-income development.
However, the plan made additional low-income housing such a high priority that it was not likely to yield much mixed-income residential or commercial development.
That program replaces rundown public housing with mixed-income developments.
The city is now advancing a plan called "New Communities" to encourage mixed-income development.