The Tarrytown Municipal Housing Authority (“TMHA”) issued a Request for Qualifications (“RFQ”) to identify a partner and master development team (“Developer”) to successfully redevelop the two contiguous public housing sites known as Franklin Towers (“FT” or “Site 1”) and Franklin Courts (“FC” or “Site 2”), collectively known as the “Sites”. Franklin Towers is a 10-story elevator apartment building built in 1963 with 81 family units. Franklin Courts, built in 1955, consists of 70 family units in 14 one- to two- story multi-family structures on 6.65 acres. The TMHA’s goal was to work with a reputable and well-financed master development partner with a proven record of rehabilitation, redevelopment and master planning communities using Low Income Housing Tax Credits (LIHC) and HUD’s Rental Assistance Demonstration (RAD) and Section 18 Demolition and Disposition programs.
As a result of the RFQ Process, in August of 2021 the Development Team of WBP Development LLC, Duvernay + Brooks, LLC and Housing Action Council successfully demonstrated its experience with previous successful public-private partnerships to plan, design, finance, develop and construct high-quality, mixed-income sites and was selected to work collaboratively with the Tarrytown Municipal Housing Authority. The Development Team will accomplish TMHA’s vision for a comprehensive and sustainable redevelopment of the Sites that should feature, at a minimum:
The breakdown of the existing unit mix at both sites is detailed below.
|Units||1BR||2BR||3 BR||4 BR||Total|