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Mayor Briley and MDHA Continue Affordable Housing Momentum With Two New Projects

6/28/2019
Thomas Mulgrew (615) 862-6461

Mayor David Briley and the Metropolitan Development and Housing Agency (MDHA) today announced plans to construct two new affordable housing developments with $25 million of affordable housing funds approved by Council in this year’s capital spending plan.

Located in the Germantown neighborhood at Cheatham Place, Randee Rogers Apartments will be a 100-unit apartment complex for mixed-income residents. The project will include 50 “deeply affordable”/subsidized units (MDHA will leverage federal housing funds to subsidize the rent for these units), 25 workforce units and 25 market-rate units. An additional 40 townhomes will be constructed at Cayce Place in East Nashville. Red Oak Townhomes will be added to the previously planned Envision Cayce project on the site. It will include 25 “deeply affordable”/subsidized, which are set aside for Cayce Place residents, seven workforce and eight market-rate units.

“One of the most impactful things we can do to ensure a more equitable Nashville is making sure all Nashvillians can afford to live here,” said Mayor David Briley. “Under One Roof is about just this – breaking up poverty and creating new, affordable places to live for all residents. This is one of our first big steps toward adding 10,000 affordable housing units by 2029.

”Both projects follow the model outlined in Briley’s Under One Roof 2029 commitment earlier this year whereby greater city emphasis is put on affordable housing endeavors and city, state, federal, and private dollars are better leveraged in tandem to accelerate efforts. Randee Rogers and Red Oak Townhomes will get underway in the coming months with construction slated to begin later this year and projected move-in for residents in 2021.

“With the city as an integral partner, our ability to tie together federal and state funds, and use the property MDHA now owns, we are well positioned to make a serious impact on affordable housing in our city,” said Jim Harbison, Executive Director of MDHA. “These projects, as part of the Under One Roof 2029 commitment, are going to help some of Nashville’s most vulnerable citizens and create greater equity across our city.”

“Creating more affordable housing is one of the biggest challenges our city is facing, so I’m pleased we are already delivering on the promise to build more in the urban core,” said Councilman Freddie O’Connell. “Today’s announcement is an important step in the right direction and a huge win for the residents of my district. I want to thank Mayor Briley and MDHA for their leadership on this issue, and I look forward to working with both closely as Randee Rogers Apartments comes to life.”

“I appreciate Mayor David Briley’s leadership in including significant affordable housing funding in the most recent capital spending plan that the Metro Council approved last fall, said Councilman Brett Withers. “I am thrilled that we are dedicating a portion of those funds to help construct this new, mixed-income development in District 6 and further the implementation of the Envision Cayce Master Plan.

”Councilman Withers continued, “Neighbors and residents of Cayce Place share that they are pleased with how the Kirkpatrick Park housing designs blend in with the existing surrounding context. This Metro-funded project represents a shovel-ready, win-win opportunity to weave together a complete, mixed-income neighborhood in East Nashville.

”Under One Roof 2029 was announced in March of this year and includes a commitment to invest $750 million in affordable housing across the city over the next 10 years. With $150 million to the Barnes Fund, $350 million to MDHA and a challenge to the private sector for $250 million in investment, this new strategic focus from Mayor Briley is projected to create at least 10,000 new affordable housing units.

In addition to the projects at Randee Rogers and Red Oak Townhomes, city funds will be used to leverage additional federal and state funds enabling the Envision process to be greatly accelerated. MDHA’s Envision process is designed to modernize the city’s old housing projects – creating in their place vibrant, mixed-income communities with expanded and improved affordable housing options.

The Envision process is currently underway at Cayce Place, Sudekum Apartments and Napier Place and Edgehill Apartments. Planning at Cumberland View, Cheatham Place and Andrew Jackson Courts will begin in the near future.