PROJECT NAME
Tax Credit Assistance Program (TCAP) - Krohn West HOPE VI Project
LOCATION
Krohn West Public Housing
(17th Avenue/Maricopa Street)
REASON FOR THE PROJECT
Revitalize an existing neighborhood.
PROJECT SCHEDULE
July 2010 - March 2012
AMOUNT OF AWARD
$1,930,883
CONTRACTORS
McCormack Baron Salazar (MBS) Master Developer / Arizona Department of Housing (ADOH) Prime Recipient; MBS Subrecipient
JOBS CREATED/SAVED
2.25 in last calendar quarter
BENEFIT TO RESIDENTS
The key goals of HOPE VI projects are to reconstruct public housing units and help revitalize surrounding communities by creating a mixed-income development. This effort includes constructing a high quality housing community with related amenities; developing job linkages, training and educational opportunities for area residents; and creating incentives for public and private partnerships to invest in the area.