Vickie Aldridge

The Board of Commissioners reviewed and approved several resolutions including amendments to the Public Housing Dwelling Lease Agreement, updates to the Admissions and Continued Occupancy Policy (ACOP), and the adoption of the Annual and Five-Year Plans. Additionally, the Board authorized the submission of grant applications for environmental assessment and planning activities for the Edgeview at Legends Park Phase II senior facility, supported a 9% Low-Income Housing Tax Credit application for the same project, approved amendments to the Housing Choice Voucher Program Administrative Plan, and adopted a revised public records policy to align with current business operations.

This document outlines the Memphis Housing Authority's Annual and 5-Year Plan for fiscal years 2026-2030. The plan is driven by a mission to develop, support, and maintain affordable housing and a vision to create vibrant, sustainable communities with quality housing options. Key strategic goals include expanding the supply and improving the quality of assisted housing, promoting self-sufficiency and asset development, ensuring fair housing through deconcentration of poverty and mixed-income communities, and increasing Project Based Vouchers. The plan also details capital improvements, Rental Assistance Demonstration (RAD) conversions, compliance updates, various development activities including planned dispositions and future opportunities, and a homeownership program.

This document outlines the Capital Fund Program Five-Year Action Plan for the Memphis Housing Authority, detailing planned physical and management improvements. The plan includes extensive upgrades, replacements, and repairs across various properties such as Borda Towers, Kefauver Terrace, Venson Center, Montgomery Plaza, Latham Terrace, Uptown Square, Fowler Multifamily, College Park Senior Village, Greenlaw Place, Magnolia Terrace, and Metropolitan Place. These improvements encompass dwelling unit upgrades (HVAC, plumbing, electrical, flooring, doors, appliances, asbestos/lead abatement, cabinets/countertops), common area renovations, site work (drainage, paving, fencing, lighting, sidewalks, sewer lines), and agency-wide support functions including administrative fees, operations, management improvements, and staff costs.

The Memphis Housing Authority's Annual and 5-Year Plan outlines its commitment to developing, supporting, and maintaining affordable housing options to create vibrant, sustainable communities for low to moderate-income individuals. The plan focuses on five key goals: expanding the supply and improving the quality of assisted housing, promoting self-sufficiency and asset development, ensuring fair housing through deconcentration of poverty and mixed-income communities, and increasing the availability of affordable housing via Project Based Vouchers. It details strategies across asset management, capital improvements, compliance and training, and development initiatives, including RAD conversions and future development opportunities.

This Consolidated Plan serves as a five-year strategic roadmap for the City of Memphis, outlining its approach to affordable housing, community development, and economic development, along with an Annual Action Plan for PY24/FY25. The plan identifies key priorities including increasing quality affordable housing, addressing chronic homelessness, removing barriers for special needs populations, fostering strong and healthy neighborhoods, and stimulating local economies. It leverages federal grants, particularly CDBG, HOME, ESG, and HOPWA, to support these initiatives, with a focus on data-driven decision-making and broad stakeholder collaboration to improve the quality of life for residents.