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CORPUS CHRISTI, TEXAS (Mar 4, 2015) – Corpus Christi is faced with an affordable housing shortage. In a shrinking affordable housing market, some developers believe improving and modernizing what already exists is the first order of business. Housing and Community Services, Inc. (HCS) and TG 110, Inc. are quickly making an impact in Corpus Christi rebuilding multiple affordable housing complexes downtown, in Calallen and now on the South Side.
Next in an ongoing effort to rebuild ageing section 8 housing facilities across the city is Lexington Manor Apartments near Kostoryz Road and South Padre Island Drive, which serves almost 60 percent of the median income residents in the immediate area. Last year, the development partnership received $918,000 in state tax credits over ten years to help offset the cost of the rebuild.
Lexington Manor is a substantial property with 13 buildings and 153 units. Developers will spend over $25 million to demolish and rebuild the property. This follows the same plan that has taken place at Woodland Creek in Calallen, Palms at Leopard on the Leopard Corridor and the future Glen Oak property in Flour Bluff.
“We are fulfilling an immense need in Corpus Christi,” says Gil Piette, HCS executive director “These properties have outlived their expiration dates and need to be rebuilt to modern construction standards and provide residents with improved amenities.”
Class-A modern amenities will include a swimming pool, covered pavilion, sport court, playground , learning center, and business services office. Interior upgrades include energy efficient central HVAC, energy efficient appliances including refrigerator with ice maker, garbage disposal, dishwasher, micro-waive over the stove. The exterior includes low-e impact resistant windows and a thirty year dimensional shingles with radiant barrier.
