Sutton Homes - History

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Sutton Homes - History

• Named after Mr. Samuel Johnson Sutton, former
  principal of both Douglas and Wheatley School
• Built in 1952 and 1959
• 242 Public Housing Units
• 56 Residential Buildings

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Aerial
City Council District 2 Ivy Taylor
Site 28.5 Acres
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Severe Distress

• Underground utilities are over 50 years old and
  in need of replacement.
• Evidence of major settlement and structural
  problems
• Major electrical issues for entire site

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Community Meetings Resident Input

• 2006
• Resident Training (HOPE VI) June 1st
• Public Meetings June 7th, 14th, 21st 28th
• 2007
• Resident Training (HOPE VI) October 5th
• Public Meetings October 19th, 26th November
  2nd
• 2008
• Resident Meetings April 9th August 28th
• Residents travel to TDHCA Board Meeting
  September 3rd
• Public Meeting - October 8th
• 2009
• Public Meetings- January 22nd April 22nd
• Resident Training (Relocation) May 20th
• Development Elevations, Site Plan, and Floor
  Plans available for viewing by public, receiving
  only positive comments and feedback.

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Community Support Outreach

• Previous Public Housing Residents
• State Representative Ruth Jones McClendon
• Texas Speaker of the House Joe Straus
• State Representative Jose Menendez
• Former City Council Member Sheila McNeil
• (District 2)
• Military Transition Task Force (Fort Sam Houston)

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Accomplished to Date

• November 13, 2008 - Received TDHCA Tax Credit
  Forward
• February - May, 2009 Completed HUD Approval
  Process and Initiated Relocation Process
• May 15, 2009 - Transaction Closed
• May 20, 2009 Issued 90-Day Notice to Relocate
• June 10, 2009 Began Issuance of Section 8
  Vouchers
• July 2009 Implemented project website
• August 20, 2009 Targeted Relocation Completion
  Date
• Actual Completion August 25, 2009
• August 21, 2009 Began soft demolition
• Removal of Roofing Material, etc.
• September 1, 2009 Began Asbestos abatement
  (floor tile mastic)

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Planned Development

• Phase I
• San Antonio Housing Facility Corporation
• Sole Member
• 194 Total Units
• 49 Public Housing 137 Affordable 8 Market
• Total Development Costs - 24,363,536
• RHF Funding - 4,791,000
• Co-Developer Franklin Development
• General Contractor Franklin Construction
• Architect RPGA Design Group, Inc.

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Sources Uses - Taxable Debt 9 Tax Credits
Total units Total units Total units Total units Total units 194 194 Total Square Feet Total Square Feet Total Square Feet 186,969 186,969 186,969 186,969

Total Hard Costs Total Hard Costs Total Hard Costs Total Hard Costs Total Hard Costs 15,945,439 15,945,439 85.28 82,193 82,193 82,193 82,193 82,193 82,193
Soft Costs Soft Costs Soft Costs Soft Costs
Land Land Land Land Land Land 1,330,000 1,330,000 7.11 6,856 6,856 6,856 6,856 6,856 6,856
Architectural Engineering Total Architectural Engineering Total Architectural Engineering Total Architectural Engineering Total Architectural Engineering Total Architectural Engineering Total 464,000 464,000 2.48 2,392 2,392 2,392 2,392 2,392 2,392
Financing Costs Financing Costs Financing Costs Financing Costs Financing Costs Financing Costs 1,364,922 1,364,922 7.30 7,036 7,036 7,036 7,036 7,036 7,036
Developer Fee Developer Fee Developer Fee Developer Fee Developer Fee Developer Fee 2,504,049 2,504,049 13.39 12,907 12,907 12,907 12,907 12,907 12,907
Other Soft Cost Other Soft Cost 2,755,126 2,755,126 14.74 14,202 14,202 14,202 14,202 14,202 14,202
Total Soft Costs Total Soft Costs Total Soft Costs Total Soft Costs Total Soft Costs 8,418,097 8,418,097 45.02 43,393 43,393 43,393 43,393 43,393 43,393
Total Total Total 24,363,536 24,363,536 130.30 125,586 125,586 125,586 125,586 125,586 125,586

Sources Sources Sources
Taxable Debt Taxable Debt Taxable Debt Taxable Debt Taxable Debt Taxable Debt 4,450,000 4,450,000
Tax Credit Equity Tax Credit Equity Tax Credit Equity Tax Credit Equity Tax Credit Equity Tax Credit Equity 11,746,825 11,746,825
Replacement Hsng Factor Funds Land Loan Replacement Hsng Factor Funds Land Loan Replacement Hsng Factor Funds Land Loan Replacement Hsng Factor Funds Land Loan Replacement Hsng Factor Funds Land Loan Replacement Hsng Factor Funds Land Loan 4,791,000 1,330,000 4,791,000 1,330,000
Other Soft Debt Other Soft Debt Other Soft Debt Other Soft Debt Other Soft Debt Other Soft Debt 1,525,000 1,525,000
Deferred Development Fee Deferred Development Fee Deferred Development Fee Deferred Development Fee Deferred Development Fee Deferred Development Fee 520,711 520,711
Total Total 24,363,536 24,363,536
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Unit Mix
SQ FT Rents
Unit Type Style Number SQ FT Rents
Public Housing 1B/1B 10 750 274
Affordable 1B/1B 43 750 530
Market 1B/1B 2 750 530
Public Housing 2B/2B 34 985 274
Affordable 2B/2B 55 985 650
Market 2B/2B 2 985 650
Public Housing 3B/2B 5 1,161 274
Affordable 3B/2B 37 1,161 745
Market 3B/2B 2 1,161 745
Affordable Market 4B/2B 4B/2B 2 2 1,250 1,250 800 800
Total or Average 194 186,969 1,209,632
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Affordable Unit Mix
AMI Rents
Unit Type Style Number AMI Rents
Public Housing 1B/1B 10 lt 80 AMI 274
Affordable 1B/1B 43 lt 60 AMI 530
Public Housing 2B/2B 34 lt 80 AMI 274
Affordable 2B/2B 8 lt 30 AMI 305
Affordable 2B/2B 12 lt 50 AMI 534
Affordable 2B/2B 35 lt 60 AMI 650
Public Housing 3B/2B 5 lt 80 AMI 274
Affordable 3B/2B 2 lt 30 AMI 343
Affordable 3B/2B 6 lt 50 AMI 608
Affordable Affordable 3B/2B 4B/2B 29 2 lt 60 AMI lt 60 AMI 745 800
Total 186
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Redevelopment Site Plan
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Redevelopment Architectural Elevation
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Site Amenities

• Central Park/Green Space
• Swimming pool
• Playground
• Clubhouse
• Kids Social Services
• Adult Social Services
• Exercise Facility
• Business Center
• Community Room
• Clothes Care Facility
• Garages Covered Parking

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Redevelopment Schedule

• September-December 2009 Formal demolition
  (Complete)
• Demolition began with Leasing Office
• Worked to preserve five wall murals
• December 2009 Begin Construction
• Ground Breaking Ceremony December 15, 2009
• June 2010 Begin Pre-Leasing
• Notification Pre-application to former public
  housing residents
• July 2010 Lottery of Public Housing Units
• Lottery established priority of Public Housing
  applications
• August 2010 Leasing office/Clubhouse and Bldg.
  1 complete
• Begin Leasing
• December 2010 Planned Construction
  Completion/Grand Opening Ceremony
• June 2011 - Complete Lease-up

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