HomeMy WebLinkAbout(0037) M&C 19-0268City of Fort Worth, Texas
Mayor and Council Communication
DATE: 10/22/19 M&C FILE NUMBER: M&C 19-0268
LOG NAME: 19CAVILE PLACE/HISTORIC STOP SIX NEIGHBORHOOD TRANSFORMATION P
SUBJECT
Adopt the Revised Cavile Place/Historic Stop Six Neighborhood Transformation Plan, Incorporate the Revised Transformation Plan into the City's
Comprehensive Plan, Authorize the City to Act as the Co -Applicant and Lead Neighborhood Implementation Entity for the Choice Neighborhoods
Implementation Grant, Authorize the Execution of Related Contracts and Other Necessary Documents, and Authorize the Commitment of
$39,375,654 for Activities Necessary to Implement the Revised Transformation Plan (Council District 5)
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached revised Cavile Place/Historic Stop Six Neighborhood Transformation Plan;
2. Authorize Incorporation of the revised Cavile Place/Historic Stop Six Neighborhood Transformation Plan into the City's Comprehensive Plan;
3. Authorize the City to act as co -applicant along with The Housing Authority of the City of Fort Worth, d/b/a Fort Housing Solutions, and as
Lead Neighborhood Implementation Entity for the application for the Choice Neighborhoods Implementation Grant from the U.S. Department
of Housing and Urban Development;
4. Authorize the City Manager or his designee to execute related contracts and other necessary documents to implement the grant and the
revised Transformation Plan; and
5. Authorize commitment of $39,375,654 over the six -year grant period for specified activities and improvements for the implementation of the
grant and the revised Transformation Plan, conditioned on receipt of the grant and with up to $30,815,654 in anticipated future bond funds
subject to required voter approval.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to take actions associated with an application for a federal grant that, if
awarded, would transform the Cavile Place/Historic Stop Six Neighborhood.
In 2012, the Fort Worth Housing Finance Corporation (FWHFC) agreed to partner with Fort Worth Housing Solutions (FWHS) to develop a plan
for the revitalization of FWHS's Cavile Place Apartments and the surrounding neighborhood. The plan was needed for FWHS to apply for grants
to assist in the revitalization of the area. On July 22, 2014, the City Council adopted a resolution approving the Cavile Place/Historic Stop Six
Neighborhood Transformation Plan (Transformation Plan) and incorporating it into the City's Comprehensive Plan (M&C G-18264).
In May 2019, FWHS initiated and funded a neighborhood planning process to update the Transformation Plan, which includes the surrounding
Historic Stop Six neighborhood. The revised Transformation Plan is needed in order to apply for the Choice Neighborhoods Implementation
(CNI) Grant from the U.S. Department of Housing and Urban Development (HUD), which is specifically aimed at the redevelopment of public
housing and surrounding neighborhoods. In June 2019, FWHS engaged consultants to further update and revise the Transformation Plan.
As part of the planning process, FWHS hosted a series of community updates and listening sessions with the residents and neighbors of Cavile
Place and various community stakeholders, such as Fort Worth Independent School District and supportive service agencies. The purpose of the
meetings was to seek input regarding community strengths and challenges, to solicit feedback on design options, and to update the shared
community vision for Cavile Place and the surrounding neighborhoods. The Transformation Plan's study area is generally bounded by East
Rosedale Street to the north, Miller Avenue to the west, Littlejohn Avenue and Fitzhugh Avenue to the south and Carverly Drive to the east.
The Transformation Plan addresses and includes specific plans in the three areas which HUD deems critical to affecting lasting change: The
Neighborhood Plan, The Housing Plan, and The People Plan. :
1. The Neighborhood Plan is designed to discover options for connecting existing community assets to proposed improvements to the
neighborhood. The Neighborhood Plan includes a state-of-the-art neighborhood "hub" to co -locate services for neighborhood and city residents;
increased public safety with improvements to streets, sidewalks and street lighting; improvements to Rosedale Park; and better access to transit
by providing bike lanes, bike share stations and locating bus stops to better serve the neighborhood.
2. The Housing Plan includes the demolition of Cavile Place which was approved by HUD in April 2019, replacement of those 300 assisted units,
and the construction of approximately 600 additional rental units in six phases of housing developments spread throughout the neighborhood.
The new developments will complement the historic nature of the neighborhood, offering different building types such as townhouses, walk-up
garden buildings, and mixed -use buildings at key neighborhood nodes, with a mix of unit sizes, and market -quality interior and site amenities.
Each development will offer housing opportunities to households with varying levels of income and include replacement units supported with
Project Based Vouchers (PBVs), Permanent Supportive Housing units supported with PBVs, workforce housing units and market rate units. All
residents, regardless of income, will be offered the same quality of unit and community amenities. FWHS remains committed to working with
other partners to create future homeownership opportunities within the neighborhood, as well.
3. The People Plan addresses the needs of the residents of both Cavile Place and the surrounding neighborhood. Case managers will tailor
supportive services to Cavile residents, both adults and children, in areas such as education, physical and mental health, housing stability,
economic mobility, and resident engagement.
The Transformation Plan, as currently drafted, is attached.
Implementation of the Transformation Plan includes approximately five to seven years of phased development. The first phase includes planned
improvements to East Rosedale Street, construction of a new senior housing development at the corner of East Rosedale Street and Stalcup
Road, and the demolition of Cavile Place. In addition, the Transformation Plan provides potential sources of funding for the approximately
$339,100,000 of improvements planned throughout the neighborhood.
Below is a chart which outlines the funding plan:
Choice Neighborhoods
Implementation
Private Lenders
City of Fort Worth/FWHFC
2022 Bond Program*
2022 Bond Program* or
PAYGO Funds
Housing, case management,
community center, workforce,
education, healthcare
Mortgage/equity held by Fort Worth
Housing Solutions
Community Center ($14,000,000)
Infrastructure for Housing and Non -
matching City Infrastructure
($16,815,654)
CDBG, UDAG, HOME, NEZ Housing finance ($8,560,000)
Housing Finance
FWHFC Construction/Permanent Loans
($2,500,000)
Local Philanthropy
Foundations, businesses, Community center, case
organizations management, services
Foundations Permanent Supportive Housing
match
Fort Worth Housing Solutions Land, predevelopment costs, legal,
planning
TBD
Subordinate debt, grants
$35,000,000
$168,589,000
$41, 875, 654
26,925,000
1,250,000
6,595,000
50,681,000
TOTAL $339,100,000
*Any funds that are identified as coming from a future bond program are subject to the necessary bond propositions being submitted to and
approved by voters at the future bond election(s).
Approval of this M&C authorizes the City to commit to the following funds to support the housing finance portion of the Transformation Plan. All
loans will be evidenced by mortgage liens, promissory notes and loan agreements, and subject to applicable federal regulations and acceptable
underwriting:
Amount
HOME Investment Low interest loans
Partnerships Program $3,000,000
(HOME) ($500,000/year over 6 years)
Community Development Low interest loans
Block Grant (CDBG) Major ($750,000 in year 1, $3,250,000
Projects
$500,000/years 2-6)
NEZ fee and permit waivers
City General Fund (estimated $200,000/project, 6 $1,200,000
projects)
Urban Development Action Grants (over 6 years) $1,110,000
Grant (UDAG)
TOTAL $8, 560, 000
Approval of this M&C also authorizes the City to commit the following funds towards the neighborhood improvement portions of the Transformation
Plan as detailed below, with any pay-as-you-go (PAYGO) capital funds being subject to appropriation and any bond funds being subject to the
necessary bond propositions being submitted to and approved by voters at the future bond election(s):
Sources Use
2022 Bond Program (contingent Community Center $14,000,000
upon voter approval)
2022 Bond Program (contingent
upon voter approval) or PAYGO Infrastructure for Housing $1,500,000
funding
Non -matching City Infrastructure
2022 Bond Program (contingent Improvements (street and
upon voter approval) or PAYGO transportation, water and sanitary $15,315,654
funding sewer, drainage, and parks and
recreation improvements)
TOTAL $30,815,654
On October 15, 2019, FWHS presented the revised Transformation Plan and information about the grant application to the City in a joint meeting
with the FWHFC. The FWHS Board approved the Transformation Plan at its meeting on October 17, 2019. The City's Planning and Development
Department has also reviewed and commented on it. Staff recommends adopting the revised Cavile Place/Historic Stop Six Neighborhood
Transformation Plan and incorporating it in the City's Comprehensive Plan, and authorizing the City of Fort Worth to participate as the Co -applicant
and Lead Neighborhood Implementation Entity in the submission of a Choice Neighborhoods Implementation Grant with Fort Worth Housing
Solutions, with a City commitment of no less than $39,375,654 over the six -year grant period, if the CNI grant is awarded, with such amount subject
to all required approvals as noted above.
Individual contracts, appropriations, or use of funds that would otherwise require City Council approval will be brought back separately for
consideration.
The improvements contemplated in the Plan would be located in COUNCIL DISTRICT 5, Mapsco 79J, 79K, 79L, 79N, 79P and 79Q.
A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that upon approval of this recommendation, receipt of the grant, future bond program impacts, and the adoption of
future operating and capital budgets, that an investment for the implementation of the Cavile Place/Historic Stop Six Neighborhood Transformation
Plan of $39,375,654 over a six -year grant period, will be available.
Submitted for City Manager's Office by. Fernando Costa 6122
Originating Business Unit Head: Sonia Singleton 5775
Additional Information Contact: Sonia Singleton 5775
Amy Connolly 7556