E NVISION CAYCE UPDAT E Ma y 18, 2015 @Na shville MDHA #E nvisionCa yc e
AGE NDA 1. Re vie w of E nvision Ca yc e F ina l Pla n 2. Wor k Sinc e July 2014 3. Rental Assistance Demonstration 4. Next Steps 5. Cayce Redevelopment District 6. Questions?
E nvision Cayc e F inal Plan 3
E nvision Ca yc e Housing & Are a Housing Type Number of Units Cayce Place & CWA 968 Replacement Units Affordable Housing 358 Market-Rate Units 1,064 2,390 Total Units Non-Residential Uses Area Retail 127,700 square feet (grocery, pharmacy & more) Institutional & Office 161,000 square feet (existing partners plus new library & education facility) Mini Parks 11 Acres & Open Space
One for one Ma inta in & e xpa nd r e pla c e me nt of e xisting suppor t se r vic e s a pa r tme nts Inte g r a te Ca yc e Pla c e Minimize disr uption to into c ommunity E NVISION r e side nts dur ing c onstr uc tion CAYCE MAST E R PL AN Conne c t with & GOAL S le ve r a g e othe r loc a l Cr e a te a susta ina ble & initia tive s & fina nc ia lly Via ble sta ke holde r s de ve lopme nt Cr e a te a he a lthy mix of Impr ove ne ig hbor hood housing c hoic e s a me nitie s
One for one F ina nc ing using a r e pla c e me nt of e xisting c ombina tion of public & a pa r tme nts pr iva te dolla r s F r om Ca yc e to Ca yc e MDHA a s De ve lope r E NVISION CAYCE INT E NT F le xible a nd sc a la ble L ong te r m pla n pla n Pha se II of Re nta l Public involve me nt Assista nc e De monstr a tion (RAD) Conve r sion
F r om Se c tion 9 Allows MDHA to ma ke public housing to ne e de d c a pita l Se c tion 8 pr oje c t-ba se d impr ove me nts to a g ing r e nta l a ssista nc e building s RE NT AL ASSIST ANCE DE MONST RAT ION One for one r e pla c e me nt of e xisting Pe r ma ne ntly a ffor da ble a ffor da ble units to low-inc ome fa milie s Re side nts g e t fir st r ig ht MDHA is r e quir e d to of r e tur n without r e ne w for subse que nt r e sc r e e ning 20-ye a r c ontr a c ts inde finite ly
RAD Conve r sions Unde r way (Phase I) Andr e w Jac kson Cour ts Che atham Plac e Cumbe r land Vie w E dge fie ld Manor E dge hill Apar tme nts Ge r ne r t Studio Apar tme nts J. He nr y Hale Apar tme nts L e vy Plac e Madison T owe r s Napie r Plac e Ne ighbor hood Housing Par kway T e r r ac e , Sude kum Apar tme nts Vine Hill T owe r s so me pro pe rtie s o pe ra tio na l c o nve rsio n o nly re side nt-o nly me e ting s in Ma y a nd June
RAD Conve r sion Pe nding (Phase II) Car le e n Batson Walle r Manor Cayc e Plac e Hadle y Par k T owe r s Histor ic Pr e ston T aylor Apar tme nts Par the non T owe r s Vine Hill Apar tme nts so me pro pe rtie s o pe ra tio na l c o nve rsio n o nly re side nt-o nly me e ting s in Ma y a nd June
HUD dr ive s timing of Physic a l c onditions c onve r sion a sse ssme nts of a ll 20 public housing No c ha ng e s in 2015 pr ope r tie s T HE F UT URE OF RAD IN DAVIDSON COUNT Y No se lling of e xisting Wor k done in-house by public housing MDHA sta ff pr ope r tie s
67 ne w a pa r tme nts a t RAD c onve r sion Summe r Pla c e & South F ifth Str e e t We lc ome Ne w Ma yor & Ne w Counc il Me mbe r s Ca yc e Re de ve lopme nt Distr ic t E NVISION CAYCE NE XT ST E PS Asse mble r e ma ining la nd pa r c e ls De ve lop fina nc ing Me tr o Public Wor ks, L ow-Inc ome T a x Cr e dit She r iff’s Offic e & PIL OT Pr og r a m to Kir kpa tr ic k Pa r k Counc il la nd tr a nsfe r s
Pote ntia l Ca yc e Re de ve lopme nt Distr ic t 13
Q & A Ple a se r a ise your ha nd to ha ve the mic r ophone br oug ht to you or submit your que stion on T witte r by me ntioning @Na shville MDHA a nd using the #E nvisionCa yc e ha shta g .
Sta y upda te d on E NVISION CAYCE by r e a ding www.na shville -mdha .or g / e nvision-c a yc e e ma iling e nvisionc a yc e @na shville -mdha .or g or c a lling 615-252-7065. @Na shville MDHA #E nvisionCa yc e
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