Housing Spotlight - 2012

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Member Spotlight

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2012

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 State’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).


Sutton oaks 2818 n ih 35, san antonio, tx The new Sutton Oaks is a transformed community on the site of a former public housing development. The mixed-income housing community on the eastside of San Antonio is in a prime location at the gateway to the city’s growing Fort Sam Houston military base. Number of Units

194 units = 49 public housing; 137 affordable (tax credit); 8 market rate

Support Services l l l

Resident Profiles

Sutton Oaks serves families with 30%, 50% and 60% of AMI and includes 1-, 2-, 3-, and 4-bedroom units, in addition to market rate.

Developer(s) l l l

Developer – Franklin Development Co-Developer – San Antonio Housing Authority General Contractor – Franklin Construction

Syndicator(s) Bank of America Lender(s) l l l l l l l

Bank of America (Debt) Replacement Housing Factor (RHF) Funding (HUD) Neighborhood Stabilization Program (NSP) Funding (City of San Antonio) 9% Tax Credit Equity (Bank of America) Land Loan (SAHA) TCAP Loan (TDHCA)

Architect(s)

Architect – RPGA Design Group, Inc.

On-site Amenities l l l l l l l l l l

Business Center Community Room Children’s Activity Center Visitor and resident parking Central Park / Green Space / Shaded Playground / Soccer nets Swimming Pool 24-hr Fitness Center 24-hr Laundry Facilities Garages / Covered Parking

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Adult / Children Social Services (provided at no cost to residents and their families) Personal financial literacy seminars Nutrition, health & wellness classes Employment skills & resume writing workshops After school tutoring Women’s self-confidence workshops Patio gardening club Bicycle safety classes Computer literacy sessions Food distribution partnerships Parenting classes for children with ADD

Green Initiative

The previous concrete slabs were crushed and reused as base material in the new development. Metal roofs, doors and windows were salvaged for recycling. Energy Star appliances, compact fluorescent lighting throughout, R-15 and R-30 insulation in walls and ceilings, double-pane low-E windows, thermally efficient low U-value exterior doors, recycling dumpsters, FloorScore certified healthy flooring materials, native and drought tolerant plant materials, compliance with EPA’s recommended Best Practices throughout construction.

Special design features

A unique and important feature of Sutton Oaks was the design and installation of a piece of community artwork. A local artist transformed the vision and values of the community residents into a glass tile mosaic structure that embodies the community spirit. This artwork stands tall in the center of the community, highlighting ideas like Respect, Education & Family, and serving as a reminder of the values and history of the residents.


feature

CONTACT Angela McClendon Johnson, Communication Manager, San Antonio Housing Authority (210) 477-6792 Angela_Johnson@SAHA.org Photographer: Lilia Swayne, SAHA


Residents and community sup Bexar County Commissioner Antonio Housing Authority Bo

sutto “We Have a Dream” is a three-panel mosaic, created by artist and San Antonio native, Rick Williamson. The artwork, which was unveiled at the April 2011 grand opening of Sutton Oaks on San Antonio’s Eastside, illustrates the vision that Sutton Oaks families have for their community -- Safety, Family, Dream, Education, Respect and Beauty.


pporters of Sutton Oaks celebrate the opening of Sutton Oaks along with State Representative Ruth Jones McClendon’s office, Tommy Adkisson, San Antonio City Councilwoman Ivy R. Taylor, San Antonio Police Department Chief William McManus, San oard Chairman Ramiro Cavazos, and TDHCA Board Member Gloria Ray.

on oaks Special Thanks: Sutton Homes former residents, neighborhood leaders, the Texas Legislature, local elected officials, U.S. Department of Housing and Urban Development (HUD), The City of San Antonio, Texas Department of Housing & Community Affairs (TDHCA), Bank of America, and Franklin Development.


wildflower terrace 3801 berkman drive, austin, tx

Wildflower Terrace, a new community that serves active seniors aged 55+, is located in Mueller, the former site of the Robert M. Mueller airport in central Austin. Redeveloped into a sustainable transit-oriented community, Mueller includes a mix of housing, retail shops, dining establishments, outdoor recreational areas and green space.

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DMA Development Company, LLC (DMA) was selected by Catellus, the Master Developer of Mueller, to develop Wildflower Terrace. Located directly north of the Southeast and Southwest Greenways, with walking trails and native vegetation, Wildflower Terrace challenges all common perceptions of affordable housing. The 201-unit, four-story, elevator building features a warm, contemporary design and incorporates green building standards throughout. Residents enjoy a number of community amenity spaces, where they gather for activities such as art classes, literary salons, writing classes and movie screenings. Individual apartments feature high-end finishes, secure garage parking and energy-saving appliance packages. The project received a 2-Star rating from Austin Energy’s Green Building Program and is also in the process of achieving LEED Certification.


spotlight

Diana McIver and her amazing staff approach every project with thoughtfulness, grace, and attention to detail. Wildflower Terrace is no exception. This project exhibits exquisite design and serves such an important community need --- affordable senior living. Kelly Weiss Executive Director, Austin Habitat for Humanity


Number of Units

Of the 201 one- and two-bedroom units, 171 have rents structured to be affordable to persons with incomes at or below 60% of the area median income. l l

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26 units with rents affordable to persons at 30% AMI levels 60 units with rents affordable to persons at 50% AMI levels 85 units with rents affordable to persons at 60% AMI levels 3 units with rents affordable to persons at 80% AMI levels 27 units at market rents

Resident Profiles Seniors (55+)

Developer(s)

DMA Development Company, LLC

Syndicator(s) RBC Capital Markets

Lender(s)

J.P. Morgan Chase Bank provided the construction loan and Enterprise Communities provided the permanent financing. The City of Austin provided General Obligation bonds which also served as a construction source.

Architect(s)

Nelsen Partners, Inc.

On-site Amenities

Wildflower Terrace features a spacious community room with a party kitchen and a baby grand “player� piano, a furnished library, an art studio, a movie theater, an equipped fitness center, a billiards room, several lounges, an interior courtyard and a business center with computer stations.

wildflo terrac


CONTACT Diana McIver, President, DMA Companies (512) 328-3232 x 165 dianam@dmacompanies.com

Support Services l l l l l l l l l

Writing Classes Tai Chi Yoga Art Classes Educational Forums Free On-site Notary Public Comedy Classes Computer Classes Monthly Blood Pressure/Blood Sugar Monitoring

Green Initiative

Austin Energy 2-Star Green Building Rating and LEED Certification (level of LEED certification achieved is still under review)

Special design features

The units have 9 foot ceilings (except on the 1st floor where they are 10 foot), top rated energy efficient appliances, granite countertops, built-in desks, balconies or porches, washer/dryer connections and garage parking. Many of the units have views of the Austin skyline and others enjoy greenbelt or courtyard vistas.

Special Thanks l l l l l l l l l l l l l l

ower ce

Texas Depart. of Housing and Community Affairs The City of Austin Catellus – Master Developer of Mueller Carleton Construction, Ltd. - Contractor Urban Design Group – Civil Engineer EN Incorporated – MEP Engineer Strand Engineering – Structural Engineer Austin Energy – 2 Star Green Building Program Lee Gros, Architect and Artisan, Inc. – LEED Consultant Carolyn Kelly – Landscape Architect Coats Rose – Borrower’s Counsel Heritage Title – Title Company Novogradac - Accountant

Florence is an accomplished artist and moved to Wildflower shortly after the death of her husband of nearly 60 years. In the photo she is standing in her apartment in front of two drawings that she did of her late husband - for which she made him pose, long hours at a time!!


heritage park vista 8729 ray white road, fort worth, tx

A mixed income property for residents over 55 years of age and the disabled, Heritage Park Vista is located in north Fort Worth very close to shopping, medical facilities, churches and recreation facilities. Residents of all incomes can enjoy live near their church and families.

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Support from the North Fort Worth Alliance, a super neighborhood association was obtained in part because NuRock dedicated park land to access to a linear park located behind the property. The housing tax credits obtained in 2008 were exchanged for Tax Credit Exchange Program funds provided by the American Recovery and Reinvestment Act of 2009. The residential units are included in a 3 story building served by elevators with interior courtyards and sitting areas. Activities, property management and other services are provided in a large clubhouse. There is a swimming pool, outside fireplace and sitting area, grills, picnic tables and extensive grounds for walking and pets.



heritage pa Number of Units

140 units broken down by size and income levels served

Resident Profiles

Independent seniors and disabled

Developer(s) Size

NuRock Companies

1 bedroom, 1 bath < 30% AMI 22 < 50% AMI 7 < 60% AMI 40 Market Rate 1

722 sqft

Syndicator(s)

2 bedroom, 2 bath < 30% AMI 13 < 50% AMI 14 < 60% AMI 39 Market Rate 4

948 sqft

Lender(s)

Type

Number

The housing tax credits were returned in exchange for TCEP dollars so there is no syndicator for Heritage Park Vista

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Interim funding- JP Morgan/Chase Permanent financing – Wells Fargo Multifamily Capital’s Freddie Mac Program Plus

Architect(s)

Morton Gruber & Associates

contact dan allgeier, vice president, nurock companies (972) 573-3411, dallgeier@nurock.com


ark vista On-site Amenities

Green Initiative

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Kitchen and dining facility for parties and events Recreation room Health Club Library Business Center Beauty and Barber Shop Craft Room Swimming Pool Outside fireplace and sitting areas Landscaped courtyards Separate laundry and pantry with washer and dryer connections in each unit Outside storage for each unit Patios and balconies Vaulted ceilings Ceiling fans

Support Services l l l l l

Daily activities including crafts, luncheons and Bingo Outside speakers from local service organizations and churches Web based call system to periodically check on residents l

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Drip irrigation for portion of property to conserve water Native drought resistant landscaping Ceiling Fans High energy efficient heating and cooling Energy Star Appliances

Special Thanks

JBI Partners, Dallas - Civil engineers This was a complicated site plan because of park dedication and drainage issues and JBI worked out a very affordable compromise with the City. Texas Dept. of Housing and Community Affairs Teresa Shell and her staff ran the Exchange program better than any state housing organization in the nation.


horizon meadows 1903 main street, la marque, tx

horizon Meadows is conveniently located just off I-45 (Exit 10) in La Marque, TX; just North of Galveston & 20 minutes from downtown Houston. Number of Units

[ 96 Family Units ] l l l

1 Bedroom – 12 2 Bedrooms – 48 3 Bedrooms – 36

Income Levels

30%, 50% & 60% (LIHTC & HOME)

Developer(s)

Realtex Development Corporation

Lender(s) l l l l

Construction Financing – Regions Bank Equity – Regions Bank TDHCA HOME TDHCA TCAP

Green Innitiative

Energy Star Appliances

Professional Management Realtex Housing Management, LLC

Construction Realtex Construction, LLC

Grand Opening / Lease Up May 2011 / 100% 3 Months

Special Thanks l l

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City of La Marque Texas Department of Housing and Community Affairs (TDHCA) Staff Northfield Design Associates

Contact

Tel: (409) 735-3700


spotlight

For more information on Horizon Meadows Apartments or how Realtex can assist you in the development, construction and management of multifamily housing, please contact Realtex Development Corporation 1101 S. Capital of Texas Hwy, F-200 Austin, Texas 78746 (512) 306.9206 www.realtexdevelopment.com


washington village apartments 1001 redwood street, wichita falls, tx

washington Village Apartments is nestled in a quaint residential community near downtown Wichita Falls Texas, conveniently located near major thoroughfares and shopping, and it serves as the anchor in revitalization of the Eastside neighborhood community. Number of Units

[ 96 Family Units ] l l l

1 Bedroom – 24 2 Bedrooms – 40 3 Bedrooms – 32

Income Levels

30% & 60% (LIHTC)

Developer(s)

Realtex Development Corporation

Lender(s)

Construction & Permanent Financing – PNC Bank Equity – PNC Bank

Green Innitiative Energy Star Appliances

Professional Management Realtex Housing Management, LLC

Construction Realtex Construction, LLC

Grand Opening / Lease Up February 2009 / 100% 5 Months

Special Thanks l l l

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Booker T. Washington Alumni Association City of Wichita Falls Texas Department of Housing and Community Affairs (TDHCA) Staff Northfield Design Associates

Contact

Tel: (940) 761-1721 washmngr@realtexmanagement.com


spotlight

For more information on WASHINGTON VILLAGE Apartments OR how Realtex can assist you in the development, construction and management of multifamily housing, please contact Realtex Development Corporation 1101 S. Capital of Texas Hwy, F-200 Austin, Texas 78746 (512) 306.9206 www.realtexdevelopment.com


PROVIDENCE TOWN SQUARE 3801 center street, deer park, tx

providence Town Square consists of 188 residential units on 7 acres located in the City of Deer Park. The development is part of a Planned Unit Development and is in an area that has a large number of quality retail and commercial properties in close proximity.


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This Senior Community is comprised of 11 residential one and three story brick buildings and 7 non residential buildings. The community is housing for seniors with 1 story bungalow units that have attached garages that are similar to a single family home, and a 3 story building that is closer to the amenity center and allows easy access to special services, such as a community support representative, leasing office, hair salon, theatre room, chapel, business center, swimming pool, community dining area, etc. Providence Town Square serves a demand for quality senior housing in Deer Park at a range of income levels to accommodate the diverse incomes in this area.


Number of Units [ 188 Units ] l l

165 units (87%) tax credit 23 units) 13% market rate

Resident Profiles Senior (55+)

Developer(s) Nantucket Housing, LLC

Syndicator(s) Boston Capital

Lender(s) Bank of America

Architect(s) Mucasey and Associates

On-site Amenities

On-site amenities- hair salon, theatre room, chapel, business center, swimming pool, community dining area, fitness center, area gardens, dog park.

Support Services l l l l l l l l l l

Home Health Screenings Financial and Education Seminars Maxwell Senior Center Movies on Monday Games Birthday Socials Covered Dish Socials Bible Study Grocery Trips Pharmacy Trips

Green Innitiative Energy Star Appliances & Low E Windows

Special Design Features

Beach entry pool, covered drive entry, various landscapes.

CONTACT Kim canal, Property management, blazer real estate services (713) 265-4342 www.blazerrealestate.com

PROVIDEN


NCE TOWN SQUARE

CONTACT chris richardson or matt fuqua blazer building, inc. (713) 914-9200 www.blazerbuilding.com


HERITAGE CROSSING 12402 eleventh street, santa fe, tx

Heritage Crossing is a 72 unit affordable housing community for low-income elderly households located in Santa Fe, Texas. The development was made possible by a partnership between DMA Development Company and Senior Housing Resources (on behalf of the Southeast Texas Housing Finance Corporation).

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Despite the challenges created by the depressed economy, Heritage Crossing managed to secure funding to build a beautiful property: a two-story “Manor House� located in the center of the property, surrounded by five garden-style cottage buildings with private patios accompanying each apartment. The units are also extremely wellappointed and energy-efficient, featuring 9 foot ceilings, granite countertops, faux-wood flooring, window coverings, Energy Star-rated lights, fans and appliances, walk-in closets, and built-in desks. Beyond that, Heritage Crossing features a spacious community room with a party kitchen, a furnished living room, a community theater with stadium seating, an equipped fitness center, a communal laundry room, a computer center/library, and a fully landscaped interior courtyard with a water feature.



heritage Heritage Crossing resident Lillian stays busy making crafty creations with her neighbors.

Number of Units

Of the 72 units, 68 have rents structured to be affordable to persons with income levels at or below 60% of the area median income. l l

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Architect(s)

31 units with rents affordable to persons at 50% AMI levels

On-Site Amenities

33 units with rents affordable to persons at 60% AMI levels 4 units with market rents

Heritage Crossing residents must be at least 62 years of age.

Developer(s) l

Texas Department of Housing and Community Affairs (TDHCA). Permanent financing is provided through a TDHCA HOME Loan.

4 units with rents affordable to persons at 30% AMI levels

Resident Profiles

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Lender(s)

DMA Development Company, LLC Senior Housing Resources, Inc. (an entity of SETH)

Syndicator(s)

Project was financed using TDHCA’s Tax Credit Exchange program, along with a TDHCA HOME Loan.

Kelly Grossman Architects, LLC. Heritage Crossing features a two-story ‘Manor House’ at the center of the property featuring a community room with a party kitchen, a piano lounge, a theatre with stadium seating, a library with computers, an equipped fitness center and a covered patio and courtyard with a water feature. Additionally, Heritage Crossing is adjacent to a shopping center that includes a grocery store, pharmacy, several restaurants, and a bank.


crossing Support Services

One of the factors that makes Heritage Crossing so special is the way the residents have come together, acting as one big extended family. Aside from the planned activities, they continually enjoy each other’s company on the patio and in the courtyard, hosting barbecues, coffees and informal “get togethers”. A sampling of the services and programs offered includes, weekly coffee gatherings, twice a week exercise classes, ice cream socials once a week, movie nights, and various health screenings.

Green Initiative

All units feature EnergyStar appliances and fixtures. These include ceiling fans, lighting fixtures, dishwashers, disposals and refrigerators. The property uses thermal and draft efficient doors, water conserving fixtures, and takes advantage of passive heating/ cooling design features.

Special Design Features

In addition to the outstanding accommodations that each individual unit provides, the entire property has been designed with the idea of ‘community’ in mind. The result is the Manor House, a two-story building at the center of the property that contains 45 residential units and all of the common areas. This attractivelydesigned building features unitized masonry and a porte-cochiere for resident drop-off and pick-up. The buildings feature hardiplank and stucco exteriors.

Contact Ron Williams, Executive director, seth 11111 South Sam Houston Pkwy E., Houston, TX 77089 (281) 484-4663 x108 rwilliams@sethfc.com


SILVERLEAF AT CHANDLER 1 & 2 801 fm 2010, chandler, tx silverLeaf at Chandler is a senior community. The property includes 1 and 2 bedroom apartment homes in single story buildings. The property serves residents in the 30%, 50%, and 60% brackets of Area Median Income. In addition, the property serves the disabled population, either physically impaired or visually or hearing impaired. Number of Units [ 74 Units ] l

1 & 2 Bedrooms (tax credit only)

Resident Profiles Seniors (55+)

Developer(s) StoneLeaf Development, LLC

Syndicator(s) Boston Capital

Lender(s)

Chase Community Development and TDHCA HOME

Architect(s) Architecttura

On-site Amenities

Furnished Community building with business center, senior activity room, warming kitchen and laundry, furnished pavilion, and community walking trails.

Support Services

Chandler Services, Health & Hearing Screening, quarterly financial planning courses, annual health fair, quarterly health and nutritional courses, notary public services during regular business hours, twice monthly arts/crafts and other recreational activities such as book clubs and creative writing classes, twice monthly on-site social events, specific and preapproved caseworker services for seniors or persons with disabilities or supportive housing, and weekly home chore services such as valet trash removal, assistance with recycling, furniture movement, etc.

Green Initiative

Energy star appliances, lighting, and extra insulation

Special Design Features

100% Masonry with brick and cementous siding, granite tops, vinyl wood plank flooring

Special Thanks City of Chandler EDC & City Manager: Jim Moffeit

CONTACT MIKE SUGRUE, (903) 887-4344 1302 S. 3RD ST., STE. 103 MABANK, TX 75156



magnolia trails 31511 nichols sawmill road, magnolia, tx

Magnolia Trails, a rural tax credit project for seniors received a 2010 award of tax credits and is located in Magnolia, TX. Special Features

Number of Units 80

Income Levels

80 Tax Credit Units (ranging from 30% to 60% AMGI)

Residence profiles Seniors

Developer(s)

Mark-Dana Corporation

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, solid wood cabinets, nine foot ceilings in all units, full perimeter fencing with controlled access gates, fully sprinkled buildings, covered parking, separate cabana structure, dog park, and pool.

Special Thanks

Koogler Construction of Texas, LLC (General Contractor), Mark-Dana Management of Texas, LLC and FDI Property Management Services, Inc., and Montgomery County Community Development.

Syndicator(s)

RBC Capital Markets

Lender(s) Q10|Amegy Mortgage Capital

Green Initiative

Energy Star Appliances, low flow toilets and faucets, sub-metered utilities, low E thermal pane windows, thermally draft efficient doors

CONTACT David mark koogler, (713) 906-4460 oak ridge dr., suite 100 spring, TX 77380


Virginia – I moved into the Magnolia Trails Apartments the last of March 2012. When my son and daughter-in-law and I first saw the inside of the apartment we were really impressed. A lot of thought was put into the needs of the elderly. Comfort and security are a large consideration. Everything is very nice, clean and open. I would highly recommend Magnolia Trails as a place to call home. My thoughts are easy, I love it here!


Sue – I would like the community of Magnolia to know that Magnolia Trails Apartments is the ideal place to live. Especially if you are on a fixed income. The landscaping is beautiful. It is well kept. The staff is outstanding and so friendly. I can’t think of any reason for someone in the senior age bracket wouldn’t want to live anywhere else. The facility has a lot to offer. I have lived here since January 2, 2012. I was so grateful for the opportunity to make this my new residence. It’s quiet and has many activities. We have a pool, fitness facility and a crafts room. We also have a clubroom. Once a month the management puts together a social for the residents. We get together in our beautiful clubroom. So all I can say in closing is come check us out. The manager will be delighted to show you around. So don’t delay or debate where your next move will be, make it 31511 Nichols Sawmill Rd. You will be overjoyed!


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SUNDAY August 21, 2011

Lifestyle The Daily News | galvnews.com |

FEEDBACK

Contact Us lifestyle@galvnews.com

SUBMIT IDEAS We’d love you to submit story ideas for the Lifestyle section. Send information to life style@galvnews.com. Include a description up to 100 words and a phone number.

InsIde Scenes

n Get caught up on the latest news from the island social scene in Frances Powell’s “Scenes” column/C2. Book Review

Language Oddities

n Harold Raley writes more about Irish English/C3. Indie Bestseller List

n The Indie Bestseller List for the week ending Aug. 14, based on reporting from hundreds of independent bookstores across the United States/C3. Pets of the Week

Eva Paterson sews trim onto a the squares of a quilt as Sue Hill irons the backing and Debby Luton, from back left, Marice Lowe, Peggy Winters and Mary Garibay work on another quilt at Highland Manor Senior Living apartments in La Marque. The group, which call itself the Highland Community Quilters, is trying to complete 50 quilts for the Veterans of Foreign Wars Hall in La Marque to distribute to homeless veterans.

Quilting Giving Back

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n Mark Lardas reviews “The Practical Pyromaniac”/C3.

This is the first in an ongoing Lifestyle series about Galveston County residents who through acts big and small are making lives better. If you would like to suggest someone, email us at newsroom@galvnews.com. Include a description up 50 words about them and your name and phone number.

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Photos by JENNIFER REYNOLDS | The Daily News

vets

Group forms bond over quilting, God to help homeless Story by ANGELA TAYLOR | The Daily News and BRONWYN TURNER | Correspondent

A MARQUE — MARICE LOWE, A RETIRED FAC-

tory worker from Indiana, had just moved into the Highland Manor Senior Living apartments in La Marque in June when she spotted the craft room with a perfect window spot for quilting.

n Check out what dogs and cats you can adopt from local animal shelters/C5. Applause n See who earned what awards and honors and what is going on in community events/C7-8.

When Judy Pokorny, community manager at the apartment complex, learned of her newest tenant’s hobby, she asked Lowe if she would be interested in forming a quilting class for See QUILTING/C6

Donations needed • Quilt batting; • Beige and white all-purpose thread; • Any size or color of 100 percent cotton material; • Sewing machines;

ABOVE: Finished quilts made by the Highland Community Quilters hang on a rack at Highland Manor Senior Living apartments in La Marque. RIGHT: Mary Garibay, left, and Debby Luton match fabric patterns and colors in a pile of fabric Garibay donated. • Quilting equipment and tools; • Volunteers; and • Send check donations payable to Judy Pokorny, “Highland Community Quilters” on the memo line to Judy Pokorny, Highland Manor Senior Living, 301 Newman Road, La Marque, TX 77568.

The Daily News, a Galveston, TX based newspaper serving Galveston County since 1842, published the above article on August 21, 2011 highlighting residents of Highland Manor Apartments. The apartment community was developed by MarkDana Corporation. For more information visit www.galvestondailynews.com/story/252054/


south acres ranch 11409 scott street, houston, tx



Developer(s) Hettig/Kahn Development Corp. HK/South Acres Development, LLC HK/South Acres Development II, LLC Syndicator(s) Hudson Housing Capital, LLC Lender(s) Capital One Bank of Texas Number of units 128 single-family rental homes (80 homes Phase I, 48 homes Phase II) Unit composition Tax Credit only Residence profile Families

south a Human stories Several 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. Additional streets in Phase II were named after community leaders Reverend Elbert R Curvey, Margaret Jenkins and LL Chamberlain.

Area US Representative Al Green presented a US Congressional Recognition Award at the grand opening of Phase I. The flag that flew over the US Capital the day of the opening was delivered subsequently. State Representative Alma Allen presented a Texas House of Representatives recognition award at Phase II’s grand opening. The Houston Business Journal granted a Special Judge’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.


acres ranch The Houston Apartment Association named South Acres Ranch as the 2012 Best Affordable Housing Property at its initial Industry Achievement Awards dinner.

Special Features Detached 4-bedroom single family homes to house larger families.

On-Site 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.

Special Thanks RM Architects, Inc., Architect Lin Engineering, Ltd., Engineer Locke Lord Bissell & Liddell, Law Firm

Support 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 bank’s financial literacy program.

CONTACT Barry kahn, president, hettig/kahn development corp (713) 871-0063 l bkahn@hettig-kahn.com


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