Hillcrest / Washington Coles Voluntary Real Estate Acquisition - - PowerPoint PPT Presentation

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Hillcrest / Washington Coles Voluntary Real Estate Acquisition - - PowerPoint PPT Presentation

Jun 11, 2023 739 likes •823 views

Hillcrest / Washington Coles Voluntary Real Estate Acquisition & Relocation Program February 2018 Commissioners Report Progress Since Oct 2017 Acquisition Progress Then Now * Interest in Selling 276 303 Confirmed Program

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SLIDE 1

Hillcrest / Washington – Coles Voluntary Real Estate Acquisition & Relocation Program

February 2018 Commissioners Report

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SLIDE 2

Progress Since Oct 2017

Acquisition Progress Then Now * Interest in Selling 276 303 Confirmed Program Eligibility 219 250 Appraisals Completed 203 230 Offers Presented 146 194 Offers Accepted 123 175 Closed 48

106

Rejected Offer 6 10

* As of 2/5/2018

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SLIDE 3

Relocation Progress Then Now* Owner-Occupant Offer Presented 65 95 Tenant Entitlements Delivered 21 48 Onsite Owners Relocated 26 51 Tenants Relocated 13 36

* As of 2/5/2018

Progress Since Oct 2017

Note: 1 Onsite Owner elected the Life-Estate option

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SLIDE 4

Progress…

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SLIDE 5

Community Outreach 2018 Goals

  • Every Resident is aware of the

Program

  • 20+ Tenants transition to

1st time home ownership

  • Everyone eligible who wants to

participate, CAN

  • Fear and title barriers, gone
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SLIDE 6

Outreach Success

  • City’s down payment assistance

program is helping

  • Housing Authority’s cooperation

with HUD vouchers is helping

  • Testimonials
  • What you DON’T SEE or HEAR
  • No complaints
  • Anxiety at citizens meetings

drastically dropped

  • Press focused on empowerment of

families

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SLIDE 7

Q and A

Site Office 2301 N. Port Avenue Corpus Christi, TX 78401 361-232-5083

Thank you!