The federal government awarded a $400,000 grant to fund the planning of a turn-around for New Bern's Five Points area.
A ceremonial check was presented Tuesday at the New Bern Housing Authority to celebrate the grant.
The grant was co-submitted by the city and the Housing Authority.
The planning will take two years or less, according to Housing Authority Executive Director Julian Marsh.
The revitalization plan will focus on Housing Authority properties, as well as Five Points, and the Duffy Field area.
"[The grant] means that we're going to be vibrant and alive again," said Cheryl Reed, who lives in Trent Court.
New Bern is one of nine cities nationwide to win one of the grants from the U.S. Department of Housing and Urban Development.
"[New Bern] has great potential, but there's still some rough spots," said Congressman G.K. Butterfield (D-N.C.), who was at the ceremony, of the need for the grant.