The City of Memphis PROPERTY PORTFFOLIO. Memphis Housing Authority (MHA) Properties. Creating a City of Choice

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1 The City of Memphis PROPERTY PORTFFOLIO Creating a City of Choice Memphis Housing Authority (MHA) Properties Robert Lipscomb, Executive Director 700 Adams Avenue, Memphis, Tennessee (901)

2 Memphis Housing Authority (MHA) Summary In 2011, Memphis Housing Authority will diligently continue one of its primary goals of providing affordable, quality and safe communities for Memphis citizens in need of low income housing. The influx of The American Recovery and Reinvestment Act (ARRA) of 2009 Capital Stimulus Funds rendered needed resources necessary for the rehabilitation of our existing housing stock and acquisition of new dwelling units by way of investing in mixed-income, mixed-finance developments. Over the next few years, Capital Improvements Programs for the aging high rise structures (Borda Towers, Barry Towers, Jefferson Square, Venson Center) and Montgomery Plaza will consist of: (1) Exterior finishes modernization and repairs; (2) Interior finishes upgrades; (3) American Disabilities Act (ADA) code compliance upgrades; (4) Site improvements, infrastructure modifications, and dwelling units overhaul. The horizon is bright for the MHA and the City of Memphis as MHA seeks to revitalize and sustain the City s aging neighborhoods, such as New Chicago. The 2010 year brings a new beginning for this community as MHA and the City generate momentum towards remediating and demolishing dilapidated buildings and takes an aggressive approach towards developing Memphis neighborhoods as Neighborhoods of Choice.

3 ASKEW PLACE 521 Vance Park Place Memphis, Tennessee (901) NUMBER OF HOMES: Twenty-five (25) single-family homes and public housing rental units for residents with working preference ranking. AMENITIES: Master bedroom, central air-conditioning, energy efficient construction, intrusion protection system, gazebo, landscaping, gutter and downspout installation, roof covering, decking and fascia repairs, replace playground equipment and surface replace canopy overhangs at dwelling units, rear access door, rehab work for 40 heavily damaged and fire damaged dwelling units, repairs for playground equipment and surface.

4 BARRY TOWER 255 North Lauderdale Memphis, Tennessee (901) NUMBER OF UNITS: One-hundred, ninety-eight (198). AMENITIES: Landscaping, installation of security cameras in progress, HVAC upgrades for common areas on the first floor, ADA upgrades, interior finish upgrades, waterproof exterior, rehab work in dwelling units, common area mechanical equipment upgrades, modifications for domestic water system for isolation and shower panels for bare wet walls, exterior repairs completed, new roof installed and community room.

5 BISHOP G. E. PATTERSON POINTE 886 Latham Memphis, Tennessee (901) NUMBER OF UNITS: Twenty-four (24) single and sixteen (16) multi-family dwellings. All units are Low Income Housing Tax Credit. AMENITIES: Full amenities; master bedroom, central air-conditioning, energy efficient construction, intrusion protection system, playground area, well-lit interior core, on-site management and community building. ADA and Visitable Compliant.

6 BORDA TOWER 21 Neely Street Memphis, Tennessee (901) NUMBER OF UNITS: Two-hundred, six (206). AMENITIES: Full amenities including; first floor common area improvements were recently completed, landscaping, replacement of roof covering, replacement of auxiliary site lighting, installation of security cameras in progress, exterior finish cleaning, sealing and painting, lightning suppression system, new exterior building light fixtures, ADA upgrades, interior finish upgrades, balcony repairs and new balcony access doors, rehab work in dwelling units, modifications for domestic water system for isolation and common areas mechanical equipment upgrades.

7 CROCKETT PLACE 2645 Davey Drive Memphis, Tennessee (901) NUMBER OF UNITS: Eighty-four (84) one, two and three-bedroom units and town homes. AMENITIES: On-site property manager, well lit grounds, large spacious bedrooms, ample parking, gated community, recreational/playground for children, on-site Laundromat, refrigerator/stove, central heat/air, windows adorned with mini-blinds, spacious kitchens and on-site property maintenance.

8 JEFFERSON SQUARE 741 Adams Avenue Memphis, Tennessee (901) NUMBER OF UNITS: Two-hundred, eight (208). AMENITIES: Full amenities including; replacement of roof covering, lightning suppression system, landscaping, installation of security cameras in progress, exterior finish cleaning, sealing and painting, ADA upgrades, interior finishes upgrades, new balcony screen doors, rehab work in dwelling units, common area mechanical equipment upgrades and modifications for domestic water system for isolation.

9 LATHAM TERRANCE SENIOR BUILDING 855 South Fourth Street Memphis, Tennessee (901) NUMBER OF UNITS: Eighty (80), including twelve (12) two-bedrooms. AMENITIES: Full Amenities; stove, refrigerators, community room, library, on-site laundry room, large community kitchen, emergency response system, emergency backup system, patio seating area, cable/satellite connection, security gated community, central heat and individualized air.

10 MONTGOMERY PLAZA 1395 Pennsylvania Street Memphis, Tennessee (901) NUMBER OF UNITS: One-hundred (100). AMENITIES: Various site improvements estimated at $400k; replacement of windows and doors planned, drainage modifications, sidewalks installations, new dumpster enclosures and housing pads, new site lighting, reconstruction of Tumberland Drive, new entrance doors and energy efficient windows, landscaping, new playground area, replacement of exterior siding in progress, exterior security cameras in progress, modifications to management / community building to add ADA compliant access ramp landscaping, replacement of auxiliary site lighting in progress, installation of security cameras in progress, exterior finish modernization, lightning suppression system, ADA upgrades and interior finishes upgrades.

11 Memphis Housing Authority (MHA) Property (DR. R. Q.) VENSON CENTER 439 Beale Street Memphis, Tennessee (901) NUMBER OF UNITS: Two-hundred, fifteen (210). AMENITIES: Laundry room on each floor, sewer drainage repair to remove obstruction, balcony repairs/new balcony access doors, rehab work in dwelling units, modifications for domestic water system for isolation and common area equipment upgrades.