Memphis Housing Authority

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.

The Memphis and Shelby County Joint Housing Policy Plan assesses housing in the region and outlines a strategic approach to address key housing challenges, aiming to ensure every resident has access to quality housing choices and wealth generation opportunities. The plan focuses on four main objectives: improving housing quality, supporting homeownership, diversifying housing stock, and increasing quality low-income housing. These objectives are pursued through strategic interventions in land use, land activation, tax reform, financing, and funding.

The meeting agenda included a resolution authorizing the engagement of Baker Tilly Advisory Group L.P. as the RAD Consulting Firm for anticipated Rental Assistance Demonstration (RAD) conversions. This resolution followed an RFQ solicitation, resulting in Baker Tilly being selected as the most qualified respondent to assist with project planning and financing for various public housing sites totaling 1941 units. A second resolution sought approval to amend a previous disposition application (DDA0012105) to allow for the disposition of approximately 1.09 acres of land for the proposed development of a second phase of senior housing known as Edgeview at Legends Park Phase II Senior Facility, which will consist of a new 60-unit building, demonstrating high demand based on the success of Phase I.