Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management. Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management

Hilltop Village Apartments
Jacksonville, Florida


After


Before

Project Type

200-unit substantial renovation, coupled with the design and implementation of a comprehensive Neighborhood Network Resident Services Plan for low-income families. Ninety-eight percent of the households at Hilltop are headed by women, and 85% of the households have annual incomes below 20% of the area median income. The long term goal of the ownership structure is to prepare the non-profit Resident Association to acquire the skills and expertise to own the property at the end of the fifteen year low-income housing tax credit compliance period. Residents of Hilltop Village Apartments have input into the operations of the property and will learn, over time, the essentials of homeownership and property management. Redevelopment included temporary on site relocation of existing residents in accordance with the Uniform Relocation Act, HUD regulations, and state/local guidelines.

Project Cost
$10.9 Million

Financing

  • FHA S.236 Mortgage Insurance: $1.3 Million
  • First Union: $0.585 Million
  • FHFC-SAIL: $1.50 Million
  • Duval County: $0.25 Million
  • City of Jacksonville (S.108/CDBG): $0.590 Million
  • Federal Home Loan Bank of Atlanta: $0.700 Million
  • Equity: $6.0 Million
  • Low-Income Housing Tax Credits: $10.3 Million (9%)
  • Section 8 LMSA 200 units

Community and Supportive Services
The Hilltop Neighborhood Network brings together as partners, key stakeholders in the community – residents, schools, churches, institutions of higher education, business enterprises, community based non-profit health and human service organizations, government agencies, etc. The Hilltop Village Family Center is staffed by a Resident Services Coordinator.

The Neighborhood Network Center includes a state-of-the-art computer network system, Boys & Girls Club Program, Boy Scouts, GED and literacy programs, 4H Club and many other youth and adult programs. There also is a free-standing Early Childhood Development Center that houses a Head Start Program for children 3-5 years of age.

Public/Private Partners
Landex Corporation, Developer St. Claire Academy
City of Jacksonville University of Florida
Duval County Jacksonville Legal Aid
State of Florida Florida Community College of Jacksonville


References

  • Nathan Krestul (Executive Director) Jeannie Fewel (Director of Planning & Development)
    Duval County Housing Finance Authority City of Jacksonville
    Phone: 904-630-2o93 Phone: 904-630-1900
    Fax: 904-630-2937 Fax: 904-630-2912

Awards

  • National Association of Local Housing Authorities, Meritonous Award 1997
  • Recipient of HUD Drug Elimination Award 1997 and 1998
  • New Approaches Grant, 2000
801 International Drive, Suite 110
Linthicum, MD 21090
410.234.0111
Fax 301.927.7415