Affordable Housing

• The Legacy – 1342 Lamar Square Drive

The Legacy   1

The Legacy is the latest of Mary Lee’s affordable housing projects on The Square. The building provides 40 new affordable, accessible, and sustainable apartments with panoramic views of downtown and the UT Tower. All tenants at The Legacy are supported by an on-site case manager. As with all affordable apartment units on The Square, a weekly onsite food pantry will provide supplemental food to anyone on The Square and additional services such as medication support and other services can be arranged. The accessibility features of all of The Legacy apartments meet the new Type A standards of the International Building Code. Every fire alarm is designed to be used by people with hearing disabilities. All the doors have signage in raised letters and Braille. All of the first floor bathrooms have roll-in showers when none are required by code, and blocking is installed for grab bar installation in the combination tub showers on the upper stories. The Legacy proudly achieved a 4 star energy rating and meets S.M.A.R.T. (safe, mixed-income, accessible, reasonably-priced, and transit –oriented) Housing standards. The building was designed and built to comply with Austin Energy’s Green Building with features like recycling, solar panels, indoor air quality paints and coatings, water conserving fixtures and appliances, high efficiency lighting, air conditioning, heating, and appliances. Texas Solar Power Company designed and installed solar photovoltaic panels on the roof to reduce demand from Austin Energy and reduce operating expenses just as they did at The Willows. Funding sources include:

  • Mezzanine Fund and People Fund made it possible for us to acquire the property when it was available at a price Mary Lee Foundation could afford in 2010.
  • The Austin Housing Finance Corporation contributed more than $2 million in HOME Investment Partnership funding.
  • The Federal Home Bank of Dallas and Frost Bank provided a $360,000 grant.
  • Frost Bank provided an additional $698,000 loan.
  • Constructive Ventures and the Zilker Neighborhood Association collaborated to provide a $500,000 grant.
  • Mary Lee Community filled the gap with $164,500 from private donors.

• The Willows – 1332 Lamar Square Drive

The Willows is Mary Lee Foundation’s first all new multifamily building.  With 64 units the building houses about 80 persons.  By replacing the oldest and worst buildings, The Square has received a much needed facelift. Tenants who live here have reason to be proud of where they live.  Funding sources include:

  • The City of Austin approved $2,250,000 of General Obligation Bonds.
  • The Federal Home Loan Bank-Dallas approved a $500,000 grant.
  • Long term financing for $1,000,000 million was approved.

The Willows – 04 June 2010 Willows-before

The Willows Apartments Today! The Willows_today

Mary Lee Foundation has previously received grants that have allowed the rehabilitation of three apartment complexes and the beginning of the revitalization the Square.  The grants include:

• Mary Lee Charles Place – 1345/1347 Lamar Square Drive

Affordable HousingThe Mary Lee Foundation developed a 16-unit apartment complex on .48 acres in Austin, Texas. The project included new construction of a small community center, installation of an exterior elevator, and the rehabilitation of 16 one-bedroom units. The Mary Lee Charles Place is funded through a Housing and Urban Development section 811 grant and provides affordable housing and services to persons with mental or physical disabilities. The apartment complex is part of a larger “campus” that offers affordable housing to very low income families.

 

• Cornerstone – 1322/1324 Lamar Square Drive

Cornerstone 1322Mary Lee Community purchased this 22-unit apartment complex with HOME funds and a loan from the Federal Home Loan Bank.  A loan was approved by the Austin Housing Finance Corporation to rehabilitate the twenty-two units and to connect the two buildings with eight new efficiency units. Special emphasis is given to offer housing to persons with special needs, single mothers with young children and the disabled.  Occupancy is not exclusive to these groups and is part of the larger Mary Lee Community which surrounds it.

 

• The Flagship – 1312 Lamar Square Drive

Flagship The Flagship is a HUD 202 facility which provides housing for persons with very low income who are at least 60 years of age.  This building, with 22 units, received complete rehabilitation and the addition of an elevator all of which was completed in 2006.

If you would like more information about Mary Lee’s Affordable Housing programs please call (512)448-9628.

HUD *If you would like to apply for housing, please download our online application by clicking the link below:

AdobePDFMLF Leasing Agreement – 2013

Mary Lee Foundation Affordable Housing
P.O. Box 3174 Austin, Texas 78764
Phone: (512)448-9628
E-mail: affordablehousing (at) maryleefoundation.org

Business hours are 8:00 a.m. to 5:00 p.m. Monday through Friday.

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