Dr. M. W. McCaleb Educational Fund
GCHP Role: Owner/Developer
Budget: $7.5 Million
Location: 2412 Clio St. New Orleans, LA 70113
Established in 1988 by the Progressive Baptist Church, the Dr. M. W. McCaleb Fund was created to respond to the social needs of New Orleans’ Central City community. With a vision to create supportive affordable workforce housing, they assembled lots adjacent to the Church and engaged GCHP to provide the real estate development expertise and services required to bring their vision to fruition.
The McCaleb Residences, completed in October 2012, is a new construction, 48,535 SF multifamily rental housing initiative in the Central City neighborhood of New Orleans. The development consists of 43 one-bedroom units, all affordable to households earning 50% of the area median income or less. Twenty one of the units are designated as permanent supportive housing for the homeless. The McCaleb development includes ground floor multi-function space, private offices for counseling and support services, a computer room, media room and a community kitchen.