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McCaleb Residences

2412 Clio St
New Orleans, Louisiana 70113
PartnerDr. M. W. McCaleb Educational Fund
RoleDeveloper / Lender / Owner
Units43
Total Development Cost$7,611,469
Completion Date08/22/2012

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, a media room, and a community kitchen.

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