The McKinney Housing Authority says it has finished converting the last of its old public housing, a decade after it was picked for a federal pilot that let it rebuild through public-private partnerships.
The agency will tell its story Thursday, Oct. 22, to the McKinney Community Development Corporation board, which is marking 30 years by spotlighting partners it has funded. The presentation in the board packet describes the latest milestone: occupancy clearance for the Remnant at Greenwood, a 96-unit community on two scattered sites in the older core of the city, with homes from one to four bedrooms.
Three rebuilds since 2016
According to the presentation, the U.S. Department of Housing and Urban Development chose the authority in 2016 as one of three agencies in Texas for a pilot program. The agency says the pilot let it partner with private investors and swap aging public housing for new communities.
- Newsome Homes: The authority tore down 64 run-down public housing units and built a 180-unit community for elderly and disabled residents, which opened in 2017. The development corporation and the city together put nearly $2 million into it, the agency says.
- Merritt Homes: The former 86-unit property was replaced with 136 units, plus a community room used for job training, after-school programs and resident services. It opened in January 2020, and the agency turned its old maintenance building into administrative offices.
- Remnant at Greenwood: The final phase, now cleared for occupancy.
The authority says it now oversees about 1,200 units of affordable housing. It also runs three voucher programs: 360 Housing Choice Vouchers, 74 Mainstream vouchers for people with disabilities and five Veterans Affairs Supportive Housing vouchers for veterans.
Funding comes from federal voucher money, tax credit equity from partners including National Equity Fund and Enterprise Foundation, and contributions from the development corporation, the agency says.
