Urbannizer Posted June 11, 2019 Share Posted June 11, 2019 http://www.ccppi.org/site/index.php/initiatives/initiatives-2 Emancipation East and West Mixed-Use Affordable Housing Development is a 4-5 floor building complex at Emancipation and Drew with ~200 units (~120 affordable), ground level retail, and associated parking.The estimated cost of $32 million would be funded through low income housing tax credits, local government funding including Midtown, and private contributions. Link to comment Share on other sites More sharing options...
Urbannizer Posted September 15, 2020 Author Share Posted September 15, 2020 https://www.sc-arch.com/work/emancipation-east-west-apartments/ Smith & Company provided feasibility and site studies for the proposed Emancipation East and West Apartments in Third Ward Houston. The proposed mixed-income housing development is planned as two 4 to 5 story buildings to be developed on the Project Site, located east and west of the intersection of Emancipation Avenue and Drew Street, with an aggregate of approximately 200 units (of which 120 would be affordable to low-income households), ground level retail, and associated parking. The estimated East | West Project Phase cost of $32 million would be funded through 9% low-income housing tax credits, conventional financing, local government funding (including funding from Midtown of up to $3 million towards the cost of parking and infrastructure improvements) and private contributions. Link to comment Share on other sites More sharing options...
Eastdwntwn Posted September 15, 2020 Share Posted September 15, 2020 Why is midtown a part of the funding? Is the midtown management district trying to keep affordable housing out of midtown? Just curious. Link to comment Share on other sites More sharing options...
HNathoo Posted September 15, 2020 Share Posted September 15, 2020 Pretty cool to see all these mid-rises develop surrounding the park. The 3rd ward is definitely going to start looking different. Link to comment Share on other sites More sharing options...
cspwal Posted September 15, 2020 Share Posted September 15, 2020 1 hour ago, Eastdwntwn said: Why is midtown a part of the funding? Is the midtown management district trying to keep affordable housing out of midtown? Just curious. I believe the midtown TIRZ has been buying land in 3rd ward to hold it/develop it as affordable housing; there was a deeper discussion of it on here a while back but I don't even remember which forum Link to comment Share on other sites More sharing options...
BeerNut Posted September 16, 2020 Share Posted September 16, 2020 7 hours ago, cspwal said: I believe the midtown TIRZ has been buying land in 3rd ward to hold it/develop it as affordable housing; there was a deeper discussion of it on here a while back but I don't even remember which forum Link to comment Share on other sites More sharing options...
Urbannizer Posted April 7, 2021 Author Share Posted April 7, 2021 https://ccppi.org/site/images/Resources_Reports/CLOTH_Resources/HCHA_Emancipation_EastWest_Presentation_SBabalola.pdf Link to comment Share on other sites More sharing options...
Texasota Posted April 7, 2021 Share Posted April 7, 2021 This looks great. I wish there were retail space included as well, but I'm glad they're not messing with those two midcentury commercial buildings. I've always liked those. Link to comment Share on other sites More sharing options...
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