This page was read by OCR. Text can misread numbers, dates or table columns. Check the PDF before quoting or interpreting it. Redacted areas remain redacted.
CAPITAL ACTIVITY
Asset Repositioning Strategic Plan for Public Housing Portfolio
AH Forward has presented a draft of the Repositioning Plan for staff review. Additionally,
AH Forward has provided a draft Capital Needs Assessment RFP for the public housing
portfolio. After staff reviews both documents, a meeting will be arranged with AH Forward to
discuss both draft documents and to establish a path for next steps.
RAD Properties Management, Operations, and Fiscal Pre-MOR Review
Du and Associates continue to provide Post-MOR support to staff after HUD’s review of
Cypress Terrace. The consultants and staff are making measurable progress toward HUD
compliance and voucher readiness. TRACS compliance increased to 82% following the
transmission of additional certifications, and recertification efforts are nearing completion
with only a small number of residents remaining outstanding. The waiting list has been
reopened and interviews are conducted regularly, with substantial applicant processing
underway. Utility allowance documentation and file compliance reviews remain in progress,
while rent adjustment submissions continue through HUD review channels. Du and
Associates updates to HUD have emphasized the property's improving compliance position
and readiness to resume regular voucher activity as compliance thresholds are met.
Marshall Courts — Phase VII Demolition (88 Units)
The Marshall Courts Phase VII demolition project continues to move toward completion. On
July 30, 2026, the curb, gutter, and roadway along 36th Street between Madison Avenue
and Marshall Avenue were surveyed to evaluate grading and drainage conditions. The
survey confirmed sufficient slope to allow for a mill and overlay of the roadway, which will
align with the newly installed curb and gutter improvements while meeting required drainage
standards and minimizing the potential for water pooling.
The roadway improvements are currently pending final review and approval from the City’s
Engineering Department. Once approved and completed, the Phase VII demolition project
will be considered complete. Until future redevelopment plans are identified, the site will
continue to be maintained as green space to ensure it remains safe and visually appealing.
In addition to the demolition completion efforts, two capital improvement projects are being
prepared for bids to further enhance the Marshall Courts community. Planned improvements
include continued fagade repairs through Phase III of the complex, as well as replacement
of select thermoplastic polyolefin (TPO) roofing systems, fascia, and gutters. These
improvements will address exterior building conditions, reduce future maintenance needs,
and extend the useful life of the property.
Aqueduct Apartments
The health and safety improvement project at Aqueduct Apartments is approximately 75%
complete. The project addresses common area improvements, including replacement of
floor tile and stair treads, building washing, painting, and other necessary repairs. These
upgrades are designed to improve the overall condition and appearance of the property
while enhancing safety and comfort for residents.
Upon completion, the improvements will provide a more welcoming and well-maintained
environment while supporting NNRHA’s continued commitment to preserving and improving
its affordable housing communities.
3Jump to an indexed page (62 of 62)