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HomeMy WebLinkAbout(1) Legacy Downtown RedevelopmentUpdate Legacy Community Development Corp Strengthening families... Building communities •Homeownership Certification •Homeless Prevention •Development of Affordable Housing –New and Existing Single Family and Multi-Family •Credit and Financial Counseling •Tenant and Relocation Counseling •Disaster Recovery (Owner-Occupied Rehab) •Rental Assistance Programs –COVID-19 –Tenant Based Rental Assistance (Rural and Small City) •Social Services –Food Distribution –Donation Distribution –Utility Assistance •Grant Administration Services: Texas Dept of Agriculture (TDA), General Land Office (GLO), HUD and Texas Dept. of Housing and Community Affairs (TDHCA) A HUD-approved Housing Counseling Agency •2008: Non-profit established •2011: Certified Community Housing Development Organization (CHDO) •2011-2021: Served as CHDO in Orange, Beaumont, Port Arthur and State •2013: HUD Certified in CHDO Management and Planning •2020: HUD Certified Housing Counseling Agency HISTORY & CAPACITY DOWNTOWN REDEVELOPMENT •Partnership between Legacy CDC, Port Arthur EDC and City of Port Arthur •Phase I: Build and sell 30 homes in the downtown target area. •Phase II: Build and sell an additional 30 homes PROGRAM BENEFITS •Participants are provided credit and financial counseling at no cost •Participants receive Homebuyer Certification at no cost •Participants receive the lot, walkways and driveways at no cost added to the home •Participants may qualify for up to $30,000 in down payment assistance from the City and from the EDC (a total of $60,000) •Participants receive post- purchase counseling at no cost Homes completed to date: #ADDRESS STATUS 1.1129 6th St.Closed 2.1100 6th. St.Closed​​ 3.1138 6th St.Closed​​ 4.1012 5th St.Closed​​ 5.1238 5th St.Closed​​ 6.923 5th St.Closed 7.1148 6th St Closed​​ 8.1048 6th St.​​Closed​​ 9.1018 5th St.​​Closed​​ 10.1319 6th St.​​Closed​​ 11. 949 RDRH St.​​Closed​​ 12.1229 6th St.​​Closed​​ 13.1111 6th St.​​Closed​​ 14. 1300 5th St.​​Closed​​ 15.1128 6th St​​Closed​​ #ADDRESS STATUS 16.1128 6th St.​​Closed​​ 17.909 RDRH St.​​Closed​​ 18.1237 6th St.​​Closed​​ 19.1201 6th St.​​Closed​​ 20.1011 RDRH St.​​Closed​​ 21.1021 RDRH St.​​Closed​​ 22.1035 RDRH St.​​Pending Closing​​ 1128 6th Street 1229 6th Street 949 Rev. Dr. Ransom Howard Street 1 Back Taxes (Need funds to pay or waivers) Grass and Demolition Lien (need waivers) Inability to Locate Owners Skyrocketing Construction Costs/Appraisals 2 3 4 Challenges to Completion Why is affordable housing important to Port Arthur? The Next Phase! •Legacy @ Gifford Pond •Mixed Income Community •Homes ranging from 1,800 to 2,200 sf •Water views •Park-like setting •Opportunity to partner with the City of Port Arthur for the development of up to 24 new homes Other community building activities… DISASTER RECOVERY ASSISTANCE Our goal is to respond to the needs of the communities affected by natural disasters and other humanitarian crises by engaging and leveraging volunteers, partner organizations and local communities to help homeowners rebuild post-disaster. Hurricane Harvey Recovery Renovated 125 homes in Jefferson, Orange and Hardin areas. Administered Red Cross grant totaling $2,200,084. Legacy is also providing assistance to those impacted by Winter Storm Uri. SUPPORTING FAMILIES LEGACY CDC EDUCATING & EMPOWERING BUILDING GENERATIONAL WEALTH BUILDING LEGACIES… CHANGING LIVES