HomeMy WebLinkAbout(P1) Legacy Housing Update 8-12-2025 (2)Update
Legacy Community
Development Corp
Accomplishments
Legacy has:
•Provided homebuyer
certification to over 2,000
Jefferson County residents
•Renovated or constructed over
100 homes
•Provided eviction aversion to
450 tenants
•Provides rental assistance to 40
tenants
•Housed 15 families living with
HIV/AIDS
•Provided homeless prevention
services to over 400 families
•Developing regional homeless
non-congregate shelter
•Renovated the homes of 100
seniors in Jefferson County
What is next?
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Next Level
•24 single family homes
•Mixed Income
•Modern house plans
•Open Concept floorplans
•Water view in park-like setting
•Sales Prices from $215,000-
$350,000
The cost of development
•Legacy CDC is
seeking a
developer
participation
agreement with the
City of Port Arthur
for the installation
of infrastructure
(water, sewer,
drainage & streets)
at Gifford Pond.
•The estimated total
cost is $850,000
•City Participation is
$255,000 (30%)
•Legacy’s
investment
–Infrastructure-
$595,000
–Construction-$6
million (24 homes
@avg $250,000
PROJECT
BENEFITS
•Participants are provided
credit and financial
counseling at no cost
•Eligible participants will
receive Homebuyer
Certification at no cost
•Participants may qualify for
up to $70,000 in down
payment assistance
•Participants receive post-
purchase counseling at no
cost
•Adds to the tax rolls
•Improves our city!
Example of
Previously Developed
Housing
1128 6th Street
BUILDING LEGACIES…
CHANGING LIVES