Since the inception of the Low Income Housing Tax Credit (LIHTC) program in Texas, the affordable housing industry in Texas has generated over $51,397,651,000 into the Stateâ€™s economy and an additional $6,279,225,670 into local taxes and fees, creating 767,044 jobs and 257,025 affordable work force homes across Texas.
*The information above was derived from data provided by the Texas Department of Housing and Community Affairs (TDHCA) in association with an economic development model created by the National Association of Home Builders (NAHB).
Photos taken by Bruce Glass Photography
SustainableLiving Texas’ First LEED Certified ‘Green’ Affordable Housing
ew Hope Housing at 2424 Sakowitz is the first LEED certified affordable housing in the State of Texas. The fact that Sakowitz is ‘supportive’ housing and that it achieved platinum certification – the highest level – makes this distinction even more significant.
Sakowitz is New Hope’s second tax credit development, financed through a public/private partnership that leverages tax credit investments with funds from the City of Houston as well as private foundations, corporations, churches, and individual donors.
With 634 units at five properties, New Hope’s core purpose is to create life-stabilizing apartment homes for adults who live alone on extremely limited incomes. New Hope addresses the single room occupancy (SRO) housing crisis in Houston by providing a practical and demonstrated solution to prevent homelessness.
Built for a livable and sustainable future, Sakowitz is situated in a transit-oriented area near a METRO bus hub and an abundance of neighborhood amenities. The property was designed by distinguished Texas architect Val Glitsch, FAIA, LEED AP, who has designed three awardwinning properties for New Hope Housing.
Located northeast of downtown Houston in Greater Fifth Ward/Denver Harbor, Sakowitz contains 166 units. The enduring building design was created through a process that included: owner, architect, contractor, landscape architect, craftsmen, engineers, and community participants.
Each living unit, which leases for approximately $430 per month including all utilities paid and cable TV access, is fully-furnished and includes a microwave and refrigerator, and private, tiled bath. The central public wing of the property incorporates community spaces featuring: l
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Smart site location and design Sustainable landscaping with over 100 native tree plantings Water-conserving appliances and fixtures Water-conserving irrigation system including rain water tanks Water retention system Efficient energy use with Energy Star appliances Use of recycled materials Roofing, paving, and plantings that reduce Heat-Island Effect HVAC system for effective heating/cooling distribution Effective lighting and shading
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Reception area with 24/7 front desk staffing Community rooms (living/television/dining/library) Community kitchen Fully-equipped business center Coin-operated washer/dryer facilities Service coordinator offices for on-site social services Courtyard with a gazebo, water feature, and horseshoe pitch Two patio areas, one featuring flowers and one with barbeque grills
Houston Business Journal recently awarded 2424 Sakowitz the 2011 Landmark Award for Green Projects. This award is a great honor and true testament to the vital community need New Hope serves in Houston, Texas.
CreeksideVillas 590 RR 967
reekside Villas is a unique design and complex solution for developments contained within Onion Creek and St. Edwards Aquifer recharge zone. The design is a four story wood framed dwelling structure over a one story cast in place concrete podium parking structure. Overall, the design was minimally invasive to the surrounding existing open surface area. The open space use of the land enhances breath taking views of Onion Creek and escarpment topography. The Lease officeâ€™s use of native stone, stone fire place and exposed wood beams enhance a traditional Texas hill country atmosphere.
Developer DDC Investments, Ltd.
For more information contact Merritt Communities at 888.933.0009
Resident Profile(s) Elderly (55+)
Lender(s) JPMorgan Chase, Citibank & TDHCA HOME Funds Number of Units 144 Unit Composition Tax Credit / HOME (30%, 50%, 60%, Low HOME, High HOME)
Green Initiative Energy Star Appliances and lighting, water conservation (pond) for irrigation Special Recognition Architettura Inc, 609 West 15th Street Suite 140, Plano, Texas
St. James Village Apartments 3815 West Fuqua Street l Houston , TX
t. James Village Apartments (f.k.a. Chateau Village Apartments), built in 1981, is a 150-unit Section 8 property located in Houston, Texas. The 13-building site consists of 48 one-bedroom, 82 two-bedroom, 16 three-bedroom and 4 four-bedroom units. Prior to Dominium’s acquisition of St. James Village in October of 2009, there was a need for a significant capital infusion to improve the property and to preserve the expiring project-based Section 8 HAP contract in order for the property to continue to serve very low income families. In addition, the property suffered from lack of proper management attention. Dominium’ coordination of a construction and permanent loan from Bank of America, a HOME loan from the City of Houston, an award of 9% low income housing tax
TYPE OF PROJECT 150 Units 100% Affordable (Section 8 & 42) DOMINIUM’S RESPONSIBILITY Real Estate Development Project Financing Legal and Environmental Services Design and Construction Management Property Management Section 8 & 42 Compliance FINANCIAL PARTNERS Bank of America JP Morgan Capital Corporation Alliant Asset Management Company, LLC Texas Department of Housing & Community Affairs (TDHCA) City of Houston Housing and Urban Development (HUD)
credits from the Texas Department of Housing & Community Affairs (TDHCA), and a tax credit equity investment by JP Morgan Capital Corporation through Alliant Asset Management made this project possible. St. James Village Apartments’ $55,000 per unit rehabilitation has greatly improved the property’s worn façade and units. The project received new entry doors, interior doors, signage, and play facilities for children on site. The renovations also include landscaping and reworking of the community building, which includes a computer lab, kitchen, sitting area and offices. Unit improvements include new lighting, flooring, kitchen and bathroom fixtures, window blinds, appliances, kitchen counters and cabinets, and paint.
ARCHITECT BKV Group, Inc. GENERAL CONTRACTOR Weis Builders, Inc. SIZE 8.0 acres (site) 140,000 sf. ft. (building) CONSTRUCTION COMPLETION DATE November, 2010 TOTAL DEVELOPMENT COST $18,000,000
ere at St. James Village Apartments we take pride in our residents. We noticed in the second week of March 2011 that our resident in Unit 149, Hanifah Ross was in need of help. We have tried in the past to help but failed because there was no follow up. So we went to her unit and it almost brought tears to our eyes. She was in very bad health and had no one to assist her. In addition her unit was a mess due to her poor health. We tried talking to her, but she was not willing to talk to us. At that point we felt as though we needed backup so APS (Adult Protection Services) was called and we spoke to an operator and informed her of the situation. Later that week we received a call from an adult protection specialist, Ron Wilson, and it wasn’t good. He was refusing service for Ms. Ross, but we were not going to let anything happen to our resident. So if he could not help, we would find a way to get assistance from someone else at APS or another organization. He then agreed he would come out that week; which he did. In the mean time her situation had gotten worse. Her foot had swollen as well as other
physical ailments. When he came to the property, Mr. Wilson and the property manager (Vesita Edmond) went to Ms. Ross’s apartment again and she was not happy to see them, thinking we were just being nosy. Ms. Ross got angry but after trying to plead with her to let us help, she saw Ms. Edmond crying because she couldn’t stand to see Ms. Ross in such discomfort and pain. Ms. Ross decided to go to the hospital and during her stay there, APS and I contacted a cleaning service to clean her unit and APS got her a new bed because her bed didn’t fit her physical impairment needs. We provided her with food and dishes, We are still in the process of looking for a TV converter because she doesn’t have cable. When she returned home she was so surprised she said to Ms. Edmond “I really didn’t think anyone cared”. We told her we did care and she smiled and gave us a hug. That was the first time Ms. Edmond had seen her smile.
StoneLeaf@Dalhart 2321 E. 1st Street
DEVELOPER StoneLeaf Companies Lender(s) JPMorgan Chase, TDHCA Exchange Number of Units 76 Unit Composition Tax Credit Only Resident Profile(s) Families Support Services & Amenities Exercise Room, Business Center, After School Program Green Initiative All Energy Star Appliances & Fixtures Low E Doors & Windows Special Recognition City of Dalhart (in-kind contributions)
SouthAcresRanch 11409 Scott Street
outh Acres Ranch is located in Houston, Texas and features 80 detached four (4)bedroom single-family rental homes to house larger families. Features include streets named after citizens who made a positive difference within their communities, such as Sunnyside resident Bessie Swindle, who has long promoted economic and residential development in the area. The Houston Business Journal granted a Special Judgeâ€™s Recognition Award in recognition of providing single family housing to those who were impacted by Hurricane Ike and the recognition of important community area leader with street naming in both Phase I and Phase II currently under construction. During the Grand Opening, U.S. Representative Al Green presented a U.S. Congressional Recognition Award. Shortly after, the flag that flew over the U.S. Capital the day of the opening was delivered. DEVELOPER Hettig/Kahn Development Corp. HK/South Acres Development, LLC SYNDICATOR Hudson Housing Capital, LLC LENDERS(S) Capital One Bank of Texas SPECIAL RECOGNITION JRM Architects, Inc., Architect Lin Engineering, Ltd., Engineer Locke Lord Bissell & Liddell, Law Firm
For more information contact W. Barry Kahn at 713.871.0063 or send an email to email@example.com
UNIT COMPOSITION Tax Credit only SUPPORT SERVICES & AMENITIES BBQ grills and picnic tables, multiple playgrounds, controlled access gates, covered pavilion with BBQ grill and tables, equipped business center with computer and fax machine, furnished community room, a Bus Depot for student pickup, and swimming pool. Other services available on premises are notary services, GED preparation, scholastic tutoring, health screening, health nutritional courses, financial planning assistance, and legal assistance. The development will also be used as a pilot for a major commercial bankâ€™s financial literacy program.
Villa Supreme / Buttercup Place - AFTER (March 31, 2011)
ButtercupApartments 3828 Stalcup Road l Fort Worth, TX
his was an old HUD financed project built in 1970 that had a fatal fire in 2008. The property was in need of a major rehabilitation. It had asbestos in several building components. NuRock purchased the project, relocated the residents to other affordable housing in the area, completed the asbestos abatement and rehabilitation and relocated the residents in ten months. The balance of the units were leased within one month. The project has 92 units with a project based Section 8 rent subsidy contract for 90 units. The acquisition and rehabilitation were financed with a loan from Wells Fargo and Tax Credit Exchange funds.
Villa Supreme / Buttercup Place - BEFORE (Dec. 3, 2009)
Rush Creek Apartments 1200 West Sublett Road
Developer Odyssey Residential Holdings, LP Syndicator Related Captial Lender(s) CharterMac Number of Units 256 - 1,2, and 3 Bedroom Units Unit Composition Tax Credit Only Resident Profile(s) Workforce Housing â€?Families, nurses, policeman, fireman, teachersâ€? Green Initiative Energy Star Appliances
For more information contact Sal Jafar II 5420 Lyndon B. Johnson Fwy Two Lincoln Centre, Suite 1355 Dallas, TX 75240 972.701.5555 SalJafar@ORHLP.com
Melissa Adami 5420 Lyndon B. Johnson Fwy Two Lincoln Centre, Suite 1355 Dallas, TX 75240 972.701.5558 MAdami@ORHLP.com
StoneLeaf@Chandler 801 FM 2010
eniors, including wheelchair bound, living in dilapidated housing are now loving their new lifestyle. Amenities, support services, and social events range from pot luck dinners, bible studies, and bingo! Tenants enjoy and love the through ventilation available with windows at the front and rear of each unit as well as the front and rear porches available. Developer StoneLeaf Companies
Resident Profile(s) Elderly (55+)
Lender(S) TDHCA HOME
Support Services & Amenities Senior Activity Room, Business Center
Number of Units 30
Green Initiative All Energy Star Appliances, Fixtures, Doors, Windows, and Upgraded Insulation
Unit Composition HOME Only
CambridgeCrossing 1900 Cambridge Street
his specially-designed senior community includes one twostory elevator building surrounded by garden-style duplex units. Included in the main building are 22 residential apartments, community amenities for the use of all residents, and the management office. The 38 duplex units feature attached carports. The two-story elevator building includes several community spaces, such as: l l l l l l l
A community room with covered patio and “party kitchen” for gatherings, resident meetings, and special social events; A library with books, magazines, and computers for the use of the residents; A fitness center; Entrance lobby and manager’s office; and Laundry facilities.
Cambridge Crossing is financed by the Texas Department of Housing and Community Affairs (TDHCA) through its HOME program and a Tax Credit Exchange Program, which was developed by Congress as an economic stimulus tool to promote the development of affordable housing. It opened in December 2010. Developer DMA Development Company, LLC
Unit Mix 46 - 1BR/1BA 1 - 2BR/1BA 13 - 2 BR/2BA Support Services/Amenities Health Screenings Health and Nutritional Courses Social Events and More!
1900 Cambridge Street Corsicana
This specially-designed senior community includes one tw surrounded by garden-style duplex units. Included in the m tial apartments, community amenities for the use of all resid office. The 38 duplex units feature attached carports.
The two-story elevator building includes several community A community room with covered patio and “pa
osta Mariposa is the first new construction multifamily community built in Galveston County since Hurricane Ike. The development was built in partnership with UPCDC (Urban Partnership and Community Development Center) and is located in Texas City. Location and accessibility is the key at Costa Mariposa - the community is actually minutes north of LaMarque and west of downtown Texas City, as well as within a quick five minute drive off Interstate 45. The property is across the street from H2U at Mainland Medical Center and within four miles of major retailers HEB, Wal-Mart, Kroger and Mall of the Mainland. These factors make the area rich for outreach activities to the target LIHTC market.
Number of units 172 Bedrooms 1 & 2-bedroom garden style units Support Services/Amenities Clubhouse with community and activity rooms Swimming pool and horseshoe pit Grills and picnic tables Onsite laundry facility Computer center with high speed internet Fitness Center Professionally landscaped
ncino Pointe is a partnership between the Capital Area Housing Finance Corporation (CAHFC) and The NRP Group. The community located minutes from Interstate 35 in San Marcos is an example of a creative structure used to develop housing during the recent economic downturn. CAHFC is the owner, co-developer and issuer of the private activity bonds in Encino Pointe. This community provides much-needed and preferred affordable housing alternatives for area workers, including those from the cityâ€™s largest employers: Texas State University, Prime Outlets San Marcos, Tanger Factory Outlet Center and San Marcos CISD. CAHFC is a co-developer of Encino Pointe.
Number of units 252 Bedrooms 1, 2, 3 & 4-bedroom garden apartments SUPPORT sERVICES/Amenities Fitness center Onsite laundry facility Two playgrounds Full perimeter fencing and controlled access Clubhouse with community room Business center with high speed Internet access Professional landscaping Pool with sundeck Picnic area with barbecue grills
HighlandManor 301 Newman Rd
La Marque, TX
ithout exception all the 30% Residents were very excited and grateful when they found they were approved for their move inâ€™s to their apartment homes. Many of the residents in our 50% units moved from local Tax Credit Senior Communities due to the fact Highland Manor was more suited to their incomes rather than the 60% rent they had been paying. Of course this has allowed them to live more comfortably financially. Some of the folks that have moved in have said that they did not even venture out their front doors for as much as a week and kept having to pinch themselves because they were so pleased just to have such a beautiful, affordable place to call home.
All of our residents have a story, most of them heartwarming, some of them heartbreaking, but all of them are really happy to call this community home. They gather mornings and drink their coffee watching the news in the activity area, eat breakfast together on the cabanas or by the pool, watch TV in the afternoons and play games or exchange recipes on the computers in the business center. They exercise together either in the fitness room or they walk together within the confines of the interior of our gates and fully enjoy every square foot of Highland Manor which we are proud they call home!
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“Mr. Donald Prevost, who occupies #2303 a 30%, said that he was “saved” by Highland Manor from a horrible existence at his previous drug infested apartment at a HUD property from the area which was all he could afford.” “Ms. Rose Wash, who occupies #3207 a 50%unit, had previously lived in a community nearby for 10 years and stated she could not come out of her home due to the danger and could not sleep due to the loud noise at night. After moving to Highland Manor she stated that her depression l has lifted, and she has made new friends without fear of coming out of doors and joining the gatherings of neighbors who visit by the pool in the l evenings She said her beautiful apartment is her new lease on life!” “Ms. Gibbs, who occupies #2107 a 30%, had lived in a small travel trailer for 20 years that according to her was “falling apart.” She said tearfully as she signed her lease that she never dreamed she would be able to live out her years in such luxury!”
Developer Mark-Dana Corporation
Resident profile(s) Elderly (55+)
Syndicator Exchange Program
Green Initiative Energy Star Appliances, low E thermal pane windows, 13 SEAR heat pump system, low flow toilets and faucets, sub-metered utilities, thermally draft efficient doors
Lender(s) Q10 | Amegy Mortgage Capital Special Recognition Koogler Construction of Texas (General Contractor), Mark-Dana Management of Texas Number of Units 141 (includes one manager’s unit) Unit Composition 134 Tax Credit Units (ranging from 30% to 60% AMGI), 6 Market Rate Units, and 1 Manager’s Unit
Special Features Metal roofs (on six-plexes), granite countertops, solid wood cabinets, walking trail, furnished library and reading room, craft and game rooms, fully furnished fitness center, fully furnished business center, fully furnished community room with functioning kitchen, 100% masonry exterior, nine foot ceilings in all units, full perimeter fencing with controlled access gates, fully sprinkled buildings, pool For more information contact David Mark Koogler, 713.906.4460, 26302 Oak Ridge Dr, Suite 100, Spring, TX 77380
TrebahVillage 19501 W. Little York l Katy, TX
any residents at Trebah Village have come to Katy to be near family. All are delighted with their new apartments, and the beautiful amenities! Two sisters from Louisiana, Kay Miller and Joan Jarreau, Apt# 2113, have a workout session in the Fitness Center every morning. Ms. Barbara Ford, Apt# 3309, is a certified swimming instructor and leads a session of water aerobics twice a week in the pool. A number of ladies are making use of the crafts room to put together a large jigsaw puzzle. We have had terrific turnout for our health fairs and our financial planning meeting. The bingo game earlier this month in the club room was great fun with gifts and prizes. We had about 15 participants! Many residents have expressed how much they love their beautiful apartments, and the peace and quiet of our community makes them all feel secure to enjoy each other and the area!
Ms. Marlene Hooker, Apt# 1212, came here from Goldthwaite, TX to be near her daughter.
Ms. Dorothy Shipman, Apt# 1111, moved from Magnolia, TX to be with her son & his family.
Some are from even farther! Ms. Linda Solo, Apt# 3112, moved from California to be near her son. Ms. Arrowood, Apt# 3307, also moved from California.
Mr. & Mrs. Glen Dailey, Apt# 2313, moved from Chicago, IL to be with their daughter and grandchildren.
Developer Mark-Dana Corporation
Resident profile(s) Elderly (55+)
Syndicator Exchange Program
Green Initiative Energy Star Appliances, 13 SEAR heat pump system designed to also utilize the domestic hot water heater for providing heat to the units, low flow toilets and faucets, sub-metered utilities, low E thermal pane windows, thermally draft efficient doors
Lender(s) Q10 | Amegy Mortgage Capital Special Recognition Koogler Construction of Texas (General Contractor), Mark-Dana Management of Texas Number of Units 129 (includes one managerâ€™s unit) Unit Composition 121 Tax Credit Units (ranging from 30% to 60% AMGI), 6 Market Rate Units, and 1 Managerâ€™s Unit
Special Features Backup emergency generators to run elevators and club house in case of natural disaster, fully furnished fitness center, fully furnished business center, fully furnished community room with functioning kitchen, craft and game rooms, 100% masonry exterior, granite countertops, solid wood cabinets, nine foot ceilings in all units, full perimeter fencing with controlled access gates, fully sprinkled buildings, pool For more information contact David Mark Koogler, 713.906.4460, 26302 Oak Ridge Dr, Suite 100, Spring, TX 77380
AnsonParkSeniors 2249 Vogel Ave l Abilene, TX
nson Park Seniors purchased an eight acre parcel and used approximately five acres for the first phase of Northwest Abileneâ€™s very first senior community. The location is strategically located within 200 yards of a city bus stop and is within walking distance of a senior recreation center which serves a daily lunch to seniors. The design of the units has been created through many meetings with neighborhood organizations and the Abilene Historical Society to create a superior senior living environment with independence of door to door parking. A gated entrance with historical fencing is conducive to seniors walking safely outside and enjoying the use of the shuffleboard court and the picnic gazebo. Special attention to details and the amenity package have resulted in the enthusiastic approval of a majority of the residents and have minimized vacancies. Special educational programs and daily events have been well received. The single level 80 unit complex, existing of one and two bedroom units, are clustered around a special community center. The large foyer of the community center leads to the office suites for the property manager and community coordinator.
Developer NewLife Housing Foundation
Facilities and Special Support Programs Offered
Syndicator Federal Tax Credit 2010 Exchange Program
On-Site amenities include: l 3000 sq ft clubhouse with expansive community room, fireplace l and large kitchen l Wellness and beauty salon l Business center for emails and faxes with training in computer l l basics l Conference room for educational sessions and crafts l Large covered conversation patio with rockers l Game area with shuffleboard area and horseshoes l Picnic gazebo l Full time property manager, community coordinator, and l l l l maintenance personnel l Transportation van is available for special trips
Lender(S) Construction: Stearns National Bank Permanent: First Financial Bank Special Recognition City of Abilene, Cross Architects, BCI Construction, the TDHCA staff, and special recognition to NewLife Temple AG and Sears Neighborhood Committee Number of Units 80 units, single floor, one and two bedrooms Unit Composition 56 one bedroom units 24 two bedroom units (No market rate units) Resident Profile(s) Currently 82 seniors 55+ are qualified to call Anson Park Seniors their home. (In the lease up phase) tENANT TESTIMONIALS “This is the first time that I have ever lived in a place where I could show all my dishes and other “junk”, but it means so much to have it close to me.. It makes me feel like “Home”. Best of all I just love the walk in closet, and the little area outside my front door. Of course my back patio is perfect, no bright sun in my eyes.” - Mary Pena “I couldn’t leave my little dog, Buttons, and she is here with me. Also everyone here is so friendly, and we look after each other. When my health failed, my sons wanted me to move back to Abilene from Tuscan and they are also doing my laundry here so I don’t need any equipment.” - Bob Bovell “Since I can’t get around anymore without my scooter, this home is so wonderful because I can go into every room including the bathroom. I don’t have a handicap unit, but ya’ll planned it good. I even have a huge shower.” - Jane Henderson “My home is so close to my grandkids; they are only three miles away. We are not used to the peace and quiet here because our other apartment was so noisy even during the night.” - Marilyn Thompson “We are going to have a bigger garden next year; it was just too cold when time came for planting. I haven’t had a garden in years.” - Arturo Dela Rosa
Special Support Programs sponsored by New Life Housing Foundation: l Weekly blood pressure checks and health program l Bi-weekly exercise class l Social events such as monthly birthday potlucks, luncheons and l l coffees, BBQ, Bingo l Sunday services and weekly bible studies led by retired Pastor l l l from NewLife Temple Church l Crafts weekly l Cultural outings, recreation activities, shopping See website for additional programs www.newlifehousing.com Green Initiatives Energy Star appliances, light fixtures, fans. Shower heads and faucets and toilets are water conserving low flow. All homes are energy star rated with 14 SEER rated heat pumps. 85 HERS score or lower. A water well is used for irrigation for the lawn and for over 100 native trees, as well as the resident vegetable gardens. Special Weatherization Related Design 100% masonry exterior, covered front entries and covered patios with outside storage Special Features Unique to the Typical Texas Design Being part of the Historic Ball Estate, the developer was urged to use an architectural style reminiscent of Mission Colonial which was the prevalent architecture in the late 1800’s and early 1900’s in Abilene, TX and for the brick and color to be similar to the adjacent Estate Home. For more information contact Anson Park Seniors LP, Ronni Hodges, President located in Austin, TX 78729 at 512.258.9194
Villages@Snyder 10213 37th Street l Snyder, TX
he Villages at Snyder site was assembled with 11 different parcels which included a torn down elementary school and an old railroad loading station. Construction also required the closure of some city streets. The blighted area was in need of revitalization and safe housing for low-income families and seniors. The Villages at Snyder addressed those needs with an intergenerational development serving both of those demographics. The revitalization of the east side of Snyder contributed to many unique features. The most visible is the main entrance which includes a huge water tank. This water tank was used for the steam railroad in the late 1800’s through the 1930’s. Originally located in the center of the property, it was relocated to the property entrance and serves as a unique landmark and preserves some of Snyder’s historic past. The collaboration of many local groups such as the Snyder Chamber of Commerce, the Economic Development Corporation of Snyder, and various civic leaders, along with the approval of Scurry County United Way and the Scurry County Historical Commission, led to the decision to use the TDHCA intergenerational design for the Villages. The proximity of seniors to their families has been well received by all new residents.
Developer Duval Construction Specialties, Inc. Jay Collins, President
I really like the manager, Anita. She has been so helpful in moving in, plus the washing area is in a safe place and the clubhouse is just beautiful. I am going to learn the computer soon. - Amelia Enriquez
Syndicator Federal Tax Credit 2010 Exchange Program
Your people did a great job moving the old railroad tank to the entrance. We are so pleased that you saved it. - Paula Hatfield, Scurry County Historical Commission
Lender(S) Construction: Stearns National Bank Permanent: West Texas State Bank Special Recognition City of Snyder and Chamber of Commerce, Economic Development Corporation, Scurry County Historical Society, Snyder ISD, and the TDHCA staff Number of Units l
80 mixed family units
34 one and two bedroom senior patio homes l 46 single family homes with two, three or four bedrooms l with enclosed garages l
Unit Composition The senior two bedroom plans were designed so that the second bedroom and bath could be utilized by a live-in caregiver, and the one bedroom plan was enlarged for the use of two separate hospital beds if necessary. Continued independent living and postponement of a nursing home or congregate assisted living was a prime design factor. Resident Profile(s) Currently 125 residents occupy our units. 67 adults share the beautiful accommodations with 58 children and teens. (In the lease up phase) tENANT TESTIMONIALS “Villages at Snyder has given me the opportunity to enjoy living in a beautiful, friendly, well-kept community. Housing in Scurry County is limited, especially for a woman in her 50’s. The qualification process was simple and I can live in a truly nice home and enjoy my independence. The staff is “on hand”, knowledgeable and always willing to listen and help. I am so grateful for this living community. Thanks so much.” - Anita Valens Price My wife, Hilda, and I came from Dallas to start a new church and we watched the construction of Villages at Snyder, and liked the concept of seniors separate from families. We are now approved and plan to move in this month. The floor plan is big and just perfect for us. - Daniel Guzman My house layout is just great and I like the energy things that were added. Our electric bill prior to this home has been so high, and also we haven’t had a garage before. We have a lot of room and plan to be here a long time. Our previous apartment was not kept up or safe; and there was a lot of drugs there. - Tonya Garza
Facilities and Special Support Programs Offered On-Site amenities include: l 3500 sq ft community center with family and senior l activity areas along with large kitchen and dining rooms with l a great amount of seating l Gated with wood privacy fence around perimeter l Computer lab/business center l Senior picnic pavilion for BBQ’s l Two playgrounds for children and tots l Large play area for football or soccer l Basketball and volleyball courts l See attachment for more amenities Special Support Programs sponsored by New Life Housing Foundation: l Tejas Kids Opportunity (TKO): Award winning l after school program l Youth summer program: Arts and crafts, water activities, l library day l Free lunch for children/teens: Provided by local food bank l Health classes with weekly blood pressure checks l Special programs for single moms with children, latchkey children, l young career adults, seniors See website for additional programs www.newlifehousing.com Green Initiatives Energy Star appliances, light fixtures, fans. Shower heads and faucets and toilets are water conserving low flow. All homes are energy star rated with 14 SEER rated heat pumps. 85 HERS score or lower Special Weatherization Related Design 100% masonry exterior, 30 yr composition shingles Special Features Unique to the Typical Texas Design Due to extremes in seasonal temperatures, a long, lean single story plan was utilized for the Community Center with large covered patios on both the front and rear of the building, allowing for resident use throughout the year. For more information contact Jay Collins, President at 512.249.6240
HamptonVillages 1517 West Alcock Street l Pampa, TX
ampaâ€™s affordable housing community in over 15 years, Hampton Villages, contains 76 single family homes with attached garages. Hampton Villages is a new neighborhood with a community center and is close to downtown, which makes it is very exciting for everyone since the area has historically experienced a shortage of housing. Construction was completed in 1st quarter of 2011 and demand for units has been high.
Developer Eagles Nest Enterprises, LLC Tim Lang, President
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Syndicator Federal Tax Credit 2010 Exchange Program Lender(S) Construction: Stearns National Bank Permanent: Lancaster Pollard, USDA Special Recognition Pampa Economic Development Corporation, Cross Architects, Cross Engineers, and the TDHCA staff Number of Units 76 single family homes, two, three and four bedrooms Unit Composition All tax credit homes with no market rates available Resident Profile(s) Currently 154 residents (65 adults and 89 children/teens) occupy beautiful Hampton Villages homes. (In lease up phase) tENANT TESTIMONIALS “I have had heart surgery and I am so thankful that you saved my home for me. I feel like I would have been hopeless, if you had rented it.” - Judy Mayberry “We lived in a big condo and without heat for the last few months. Now we have our own home and Hugh can move around very easy in his wheelchair. “ - Ella and Hugh Campbell “My daughter and I were living with my married daughter and didn’t have a place of our own. Now we can live on my dead husband’s money without being a burden.” - Glenna Applegate “We have never lived in a home before and the new appliances, the wood flooring and the carpeted bedroom makes me so happy. Also the gate and fence makes us feel so protected.” - Frannie Hillburn “I love my garage. Now we can keep our car longer. I can’t stand car payments.” - John Brown Facilities and Special Support Programs Offered On-Site amenities include: 3000 sq ft Clubhouse with large Community Room, fireplace, large serving kitchen with buffet bar – also Big screen TV with Surround Sound l Business Center for email and faxes l Office suite for management, maintenance and l community coordinator l Adult meeting & Teen Club Room l Activity room for cards, games, arts and crafts l 24 hour laundry room and covered mail kiosk l
Two large playscapes and tot lot with fun equipment for the children Van for seniors Security Gate access Barbeque and picnic areas
Special Support Programs sponsored by NewLife Housing Foundation l After school program with snacks for homework and mentoring l Tejas Kids Opportunity (TKO) award winning program for good grades l Youth Summer Program: Arts and crafts, educational programs, library day and free lunch for children/teens: Provided by local food bank l Monthly events planned for all ages l All holidays are celebrated with decorations, etc. See website for additional programs www.newlifehousing.com Green Initiatives Energy Star appliances, light fixtures, and fans. Shower heads and faucets and toilets are water conserving low flow. All homes are energy star rated with 14 SEER rated heat pumps. 85 HERS score or lower Special Weatherization Related Design 100% masonry exterior, 30 year composition shingle roofs Special Features Unique to the Typical Texas Design Special Texas plants and trees were chosen for extreme west Texas temperatures For more information contact Tim Lang, President at 512.249.6240
NorthgateApartments 105 Northgate Circle
amilton Valley Management, Inc. is using tax credit exchange dollars to rehab Northgate Apartments, a 40-unit family property in Burnet, Texas. With the rehab currently in progress, tenants are being moved into temporary units (vacancies on the property) while their apartments receive fresh paint, new carpet and ceramic tile, energy efficient appliances including 14 SEER air conditioners, and Low E windows. Water conservation is increasingly important in drought-stricken central Texas, so low-flow toilets and efficient faucets will be installed in each unit. The exteriors will be equipped with 30-year shingles and new HardiPlank siding. The complex was constructed in 1986 and is composed completely of tax credit units. To better serve the community, Northgate partners with the non-profit organization Williamson-Burnet County Opportunities, Inc. (WBCO) to provide applicants and current residents with supportive services. Other community participants include the Burnet Neighborhood Center, Head Start, and Texas Workforce Development & Welfare. The property retained its existing USDA RD financing. The
rehab is also contributing to the local economy; Ben Farmer of Hamilton Valley Management estimates that 15-20 temporary jobs have been created. Local material suppliers have also benefitted.
orthgateâ€™s manager, Sandy Sharp, is working seven days per week while the rehab is in progress. She admits that the schedule is proving exhausting, but is excited about the added amenities for the tenants. Two of the propertyâ€™s fourplex buildings are already finished. A new building features a larger managerâ€™s office, a new community room, an activities room, and a warming kitchen. A shade pavilion is being constructed outside and barbeque grills will be added for community use. Fresh landscaping and a new playground will follow. The new buildings, the laundry room, and even the dumpster areas feature full handicap-accessibility, as do two recently remodeled units (one has already been leased). For more information, contact: Dennis Hoover, President l Hamilton Valley Management, Inc. tel: 512.756.6809 l P.O. Box 190, Burnet, TX 78611
MirabellaSeniorApartments 1955 Bandera Road l San Antonio, TX
he San Antonio Housing Authority in partnership with the NRP Group has developed the first multifamily development in San Antonio certified to meet Build San Antonio Green (BSAG) Level One Requirements and exceeding city code by 15 percent. The property is a cutting-edge energy-efficient community for those aged 55 and better, located at 1955 Bandera Road. The communityâ€™s 172 units feature Energy Star appliances, compact fluorescent light (CFL) bulbs, and energy-efficient doors and windows. Additionally, solar panels warm the water and the heating system, used in the complex, reducing energy consumption and residentâ€™s bills. Other amenities include a clubhouse with activity rooms, a swimming pool, horseshoe pit, fitness center and computer center. Total funding for the Mirabella amounted to almost $20 million from sources including a private activity bond allocation from the San Antonio Housing Finance Corporation, tax credits and tax credit assistance program (TCAP) funds from the Texas Department of Housing and Community Affairs (TDHCA), HOME funds from both
the City of San Antonio and Bexar County. Investors and lenders included Boston Capital and US Bank. The developers for the Mirabella are the NRP Group and SAHA. The NRP Group also managed construction and will be conducting property management. Bedrooms 1, 2, 3 & 4 - bedroom apartment homes Support Services/Amenities Clubhouse with community room Swimming pool Business center with high speed Internet access Fitness center Barbecue grills and picnic tables Two playgrounds and horseshoe pit Full perimeter fencing and access gate Onsite laundry facility Planned activities and social events