ROSE HILL REDEVELOPMENT PROJECT

City of Texarkana, Texas

ROSE HILL REDEVELOPMENT BOUNDARIES

WHY ROSE HILL?

Historic culturally diverse middle class neighborhood.

Commitment from Texarkana Independent School District –Theron Jones Early Childhood Learning Center, Dunbar Elementary School, Tiger Stadium at Grim Park. High performing schools.

Large grouping of PHA assets Covington Homes, Stevens Courts, Griff King Courts, Williams Homes, Robison Terrace, and newly constructed Renaissance Plaza.

Significant commitment from City in infrastructure and housing.

Home Ownership Rate approximately 30%

Commercial Corridors

Recent Commercial Development

Decent Housing Stock

Commitment of Residents

Available vacant parcels

Collaboration of Stakeholders

Commitment from City Council

PROJECT STAKEHOLDERS

Housing Authority of Texarkana, TX

Texarkana Independent School District

Texarkana College

Texas A&M University – Texarkana

City of Texarkana, TX

Numerous Non-profit Organizations

Rose Hill Residents Including PHA Residents

HOPE VI GRANT

Eradicate severely distressed public housing.

Revitalization in three general areas: physical improvements;

management improvements;

and social and community services to address resident needs.

Involves demolition and reconstruction of multifamily and single family (homeownership) units; neighborhood revitalization, community and social services.

Fifty–two (52) Month Project

Beginning

HOPE VI GRANT BUDGET & FUNDING SOURCES

HUD Grant Award

$20,000,000

Local Private &

Public Leverage

$67,000,000

TOTAL$87,000,000

Sources of Funding

HUD HOPE VI

LIHTC

Private Financing

Grants

CDBG & HOME Funds

General Revenue Funds

In-Kind Services

Private Donations

HOPE VI & ROSE HILL REDEVELOPMENT

EXPECTED OUTCOMES

HOPE VI

Construction of 529 mixed income rental units

Construction of 25 home ownership units

Case management services over 150 pubic housing residents.

Program evaluation of long term project effectiveness

Rose Hill Redevelopment

Improved safety and security

Form based code overlay –emphasizing mixed use and historic nature of neighborhood

Construction of 50 + homeownership units

Increased “walkability” & use of public transportation

Increased economic development

Sustainability

ROSE HILL REDEVELOPMENT &

TRANSPORTATION

Addressed through 12 + public meetings over 2 year period.

Historic/Environmental Roots “Cultural design”

Safety and security

Land use

“Walkable” Community Mixed use zoning

Streetscapes

Public transportation

Neighborhood amenities

TX PARKS & WILDLIFE TRAIL GRANT