If you think "the projects are bad" means "public housing can never work" and you haven't looked at who benefits from public housing failing and how they would control legislation and would alter the course of any project you planned, and how a good example would certainly cost them a lot of money, you aren't really taking the question of developing working public housing seriously.
Maybe i am getting your tone wrong, but in saying 'hoped for shiny new effort' i think maybe you are dismissing an effort from ever working, which seems it would be defeatist for anyone who genuinely believes public housing could be good. I guess i just don't feel like you are asking in good faith. If you wanted to do it, you would have to believe you can overcome these challenges by becoming aware of all of them, and then organizing to make it happen.
Just to understand what we are up against if we actually try to make it happen, look to the Philadelphia MOVE bombing of 1985 [1]. People organizing fully within their rights yet Philadelphia bombed Philadelphia. Smears all around of course. Anything but admit bombing your own city is bad, i guess.
[1]: https://billypenn.com/2020/05/11/move-101-why-30-years-ago-p...