Midtown Housing Development (Phase I)

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1 Midtown Housing Development (Phase I)

2 MIDTOWN HOUSING DEVELOPMENT FIRST SOLAR POWERED, SUSTAINABLE GREEN, ENERGY EFFICIENT AFFORDABLE HOUSING DEVELOPMENT IN THE STATE OF MISSISSIPPI

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4 1. PLANNING IMPORTANT KEY PRINCIPLES (7 P S) 2. PLANTING 3. PARTNERING 4. POOLING 5. PLUCKING 6. PUTTING 7. PERSEVERING

5 5 YEAR STRATEGIC PLANNING PROCESS CONDUCT PHYSICAL ASSESSMENT OF PROPERTIES IDENTIFY DUPLIDATED/SUBSTANDARD JHA OWNED HOUSING UNITS REHABILATATE, DEMOLISH AND/OR DISPOSE OF PROPERTY REPLACEMENT OF PUBLIC HOUSING STOCK IDENTIFY JHA ASSETS & FINANCIAL PARTNERS IDENTIFY & OBLIGATE FUNDS FOR DEVELOPMENT INITIATE REVITALIZATION EFFORTS DEVELOP AFFORDABLE HOUSING TO MEET THE COMMUNITY NEEDS

6 SERVING MORE WITH LESS DEMOLITION OF 69% OF HOUSING STOCK RISKY & CONTROVERSIAL MOVE BUT HAVE BEEN ABLE TO SERVE MORE FAMILIES AND HAVE POSITIONED OURSELVES TO SERVE EVEN MORE HOUSEHOLDS HOUSEHOLDS ,100 HOUSEHOLDS BUILDING CAPACITY AS DEVELOPER OF NOT ONLY QUALITY AFFORDABLE HOUSING BUT DEVELOPER OF SUSTAINABLE COMMUNITIES

7 PUBLIC/PRIVATE PARTNERSHIPS

8 MIDTOWN COMMUNITY PARTNERS JACKSON HOUSING AUTHORITY (PUBLIC QUASI GOVERNMENT) MIDTOWN PARTNERS COMMUNITY DEVELOPMENT CORPORATION MIDTOWN RESIDENTS AND RESIDENT ORGANIZATIONS WALKER FOUNDATION (PRIVATE FOUNDATION) ENTERPRISE CORPORATION OF THE DELTA & HOPE COMMUNITY CREDIT UNION GOOD SAMARITAN MIDTOWN (NON-PROFIT) HABITAT FOR HUMANITY BAPTIST HOSPITAL MILLSAPS COLLEGE LUTHER OTT (PRIVATE CITIZEN)

9 UNIQUE FEATURES OF PARTNERSHIP ARRANGEMENTS TO PURCHASE 63 DULIPADATED PROPERTIES HOUSING AUTHORITY HAS OPPORTUNITY TO PURCHASE PROPERTY FROM PRIVATE OWNER HOUSING AUTHORITY CONCERNED ABOUT PUBLIC IMAGE (ASSIGNMENT OF CONTRACT OBLIGATIONS) PARTNERS PLEDGED CASH AS COLLATERAL TO SECURE LOAN FOR MIDTOWN CDC TO PURCHASE PROPERTY (MEMORANDUM OF UNDERSTANDING) PROPERTY HELD IN CDC LAND BANK WITH FUTURE PLAN TO TRANSFER PROPERTY TO HOUSING AUTHORITY (PURCHASE AGREEMENT) HOUSING AUTHORITY MANAGES PROPERTY (MANAGEMENT AGREEMENT) MAINTENANCE & UPKEEP OBTAINED RELOCATION VOUCHERS FOR SUBSIDIZED, OCCUPIED UNITS AND RELOCATED TENANTS PROPERTY PURCHASED BY HOUSING AUTHORITY OFFER OF SALE OF REAL PROPERTY (HUD I) PURCHASE AGREEMENT (HUD II)

10 LAND BANKING LAND BANKS ARE GOVERNMENTAL OR NONPROFIT ENTITIES THAT ACQUIRE, HOLD AND MANAGE TAX DELINQUENT, ABANDONED AND/OR BLIGHTED PROPERTIES. LAND BANK ENTITIES HAVE THE AUTHORITY TO FACILITATE THE RESALE OF PROPERTIES OR EXECUTE A REDEVELOPMENT PLAN TO MITIGATE THE IMPACT THOSE PROPERTIES HAVE ON CUMMUNTIES GROWTH TOOL FOR REVITALIZING COMMUNITIES OPPORTUNITY TO INCREASE SUPPLY OF AFFORDABLE HOUSING WHETHER ITS PRESERVATION OF EXISTING STRUCTURES OR NEW CONSTRUCTION ALSO ALLOWED TO PURCHASE PROPERTY ADJACENT TO IDENTIFIED PROPERTY

11 PUBLIC HOUSING DEVELOPMENT 24 CFR 941 SITE ACQUISITION PROPOSAL: JUSTIFICATION SITE INFORMATION ZONING DEVELOPMENT SCHEDULE ENVIRONMENTAL ASSESSMENT APPRAISAL FULL PROPOSAL SCHEDULE: PROJECT DESCRIPTION DESCRIPTION OF DEVELOPMENT METHOD SITE INFORMATION PROJECT COSTS DETAILED BUDGET BUDGET AND PAYMENT IDENTIFY SOUSES AND USES FULL PROPOSAL (CONTINUED): APPRAISAL ZONING FINANCIAL FEASIBILITY ZONING FACILITIES RELOCATION LIFE CYCLE ANALYSIS PROJECT DEVELOPMENT SCHEDULE ENVIRONMENTAL ASSESSMENT OCCUPANCY AND OPERATION POLICIES NEW CONSTRUCTION CERTIFICATION ADDITIONAL HUD-REQUESTED INFORMATION

12 TOTAL DEVELOPMENT COST (TDC) LIMIT ON TOTAL DEVELOPMENT (TDC) COST WAIVER REQUEST TO EXCEED TDC DONATIONS FROM OTHER SOURCES OF UN- RESTRICTED PHA FUND FOR INFRASTRUCTURE UPGRADES AND COMMERCIAL PROPERTY

13 Duvall Decker Architects, P.A.

14 Jackson, Mississippi Water Main Breaks January 2010

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22 Duplex Porches: with open, secure, social yards

23 Midtown Housing Development Phase II

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