Legal
Gulf Coast Housing Partnership, Inc. (GCHP) is part of the New Orleans Neighborhood Stabilization Phase 2 (NSP2) Consortium (NOC Consortium). The NOC Consortium is a partnership between 11 experienced non-profits, the New Orleans Redevelopment Authority (NORA) and a green building consultant, Green Coast Enterprises. The NOC Consortium was awarded $29.7M to conduct comprehensive redevelopment through the rehabilitation and new construction of new homes throughout a variety of neighborhoods across the city.
Gulf Coast Housing Partnership, Inc. received $1.7 million of the total to redevelop vacant infill property into a 70-unit residential rental development (the GCHP-MLK Project) for seniors, ages 55 yrs. and older, to include 30-unit 1BR/1BA apartments and 40-unit 2BR/1BA apartments. Thirty of the apartments will be set aside for seniors earning 50% of Area Median Income or below. Rents for one-bedroom apartments will range from $141 to $601 for a one-bedroom; and $303 to $716 for a two-bedroom unit. The maximum rents for affordable units will be $486 and $578, respectively, for one- and two-bedroom units. (Note: These rent levels are subject to change, in accordance with annual HUD-approved rent and income limits.)
The development will be located in Central City at 1931 MLK Blvd, New Orleans, LA, 70113, on a block bound by Oretha Castle Haley Boulevard, Thalia Street, South Rampart Street, and MLK Jr. Boulevard. Construction is tentatively scheduled to begin in the fourth quarter of 2010, with a 15-month construction duration expected. Among other features, this project will be built to meet Enterprise Green Communities criteria for environmental sustainability and energy-efficiency.
Licensed subcontractors interested in submitting bids on this project may review plans and specifications online at Letterman’s Digital Vault, or http://dfs.lettermans.com/. For other project-related questions, please contact Sara Meadows Tolleson, Gulf Coast Housing Partnership Project Manager, at 504-525-2505 or Tolleson@gchp.net.