Kristina Tirloni 512-475-4743
TDHCA Housing Resource Center
Public and Policy Affairs
P.O. Box 13941
Austin, Tx 78711
221 East 11th Street
Austin, Tx 78701
TDHCA Press Room
TDHCA’s Housing Tax Credit Program helps elevate first RAD for PRAC in Texas
In 2020, TDHCA’s 9% HTC cycle included a significant project in Grand Prairie—the Lennox House rehabilitation application submitted by National Church Residences. Securing the 9% HTC award would help ensure the Lennox House could move forward, and become the first Rental Assistance Demonstration for Project Rental Assistance Contract (RAD for PRAC) in the state. RAD for PRAC allows affordable housing owners to receive project-based vouchers or project-based rental assistance through HUD for housing for the elderly, and access capital like the Low Income Housing Tax Credit Program to conduct repairs and improvements to a property.
Lennox House originally opened in 1951 as a hotel in Grand Prairie and converted to affordable housing in 1992. The upgraded development now serves as a modern, affordable multi-unit property housing senior Texas residents, and represents a part of a larger Downtown Grand Prairie Revitalization Plan. National Church Residences used the capital earned through the 9% HTC Program to make required provisions in the units, such as accessibility features, elevator improvements, interior ramps, and improvements to the indoor air quality for the elderly population.
Lennox House will serve Grand Prairie seniors age 62 and older with incomes less than 50% of the Area Median Income (AMI). All residents receive a rental subsidy from HUD to help pay rent, allowing them to pay only 30% of their adjusted gross income toward monthly rent payments. The cost savings could be especially critical for those with higher medical costs.
Lennox House will celebrate its grand opening on March 29.