First Housing Development Corporation of Florida

Owner:

Bradenton Leased Housing Associates

Architect:

Ebersoldt & Associates Architecture

General Contractor:

ZMG Constructions, Inc.

Client:

Bradenton Leased Housing Associates

Scope Of Work

First Housing Development Corporation of Florida completed the Credit Underwriting and construction administration for the Housing Finance Authority of Manatee County for the Acquisition/Rehabilitation and permanent financing of River Trace Apartments and Manatee Pond Rental Homes. 

Located in Bradenton Florida, the River Trace Apartments project contains 178 Multiple Family Affordable Housing Apartment Units and the Manatee Pond Rental Homes project contains 40 Single Family Affordable Housing Homes.  River Trace Apartments was originally built in 2001 and includes a mixture of 1 and 2 story garden style walk-up buildings.  Manatee Pond was originally built in 1996 and is comprised of 40 scattered 4-bedroom 2 bathroom single family buildings.  Amenities of River Trace are shared with Manatee Pond.

River Trace rehabilitation will included:  
Exterior/Site - Reconfigure trash and recycling enclosure; Add two playground areas and picnic pavilion; Remove existing gazebos and picnic tables; Bus stop at site entrance; Add concrete walking path throughout front lawn; Remove and replace mail kiosk; Repair entrance gates; Remove/replace clubhouse kitchenette cabinets, clubhouse bathroom cabinets, clubhouse counters (bath/kitchen); Reconfigure/addition to maintenance building; Install access control system; Remove/replace signage &  existing emergency lighting; Up-lighting throughout landscaped areas (photocell controlled); Replace all wall pack/building lights with photocell controlled lights; Clean/hydrojet all site drainage; Landscaping throughout; Upgrade site FF&E; Siding repairs as needed; Gutters throughout; Seal and re-stripe parking lot; Sidewalk repairs, Attic insulation to all buildings, Site drainage, & Fire stopping as needed; E-deadbolts on all unit entry doors:  Unit Interiors - Clean and caulk all tubs; Convert/update ADA units; Vision and hearing impaired unit conversions/upgrades; Kitchen/vanity cabinet door fronts 100% replaced; Install Kitchen base protectors throughout; Remove/replace shower valves and trim kits; Replace 90 A/C units; Replace 70% of range hoods, refrigerators, Range/ovens, garbage disposals and 60% of the dishwashers.

Manatee Pond rehabilitation included: 
Exterior/Site - Remove/replace existing exterior lighting with photocell controlled lights; Power wash all exteriors; E-deadbolts on all unit entry doors; Playground and picnic pavilion; Sidewalk and driveway repairs, Attic insulation to all buildings, Site drainage, Fire stopping as needed; Repair/paint existing stucco on all buildings; Install pre-fab maintenance shed; Window repairs as needed; Landscaping throughout; Clean/hydrojet all site drainage; Remove/replace signage: Unit Interiors - Clean and caulk all tubs; Convert/update ADA units; Vision and hearing impaired unit conversions/upgrades; Kitchen/vanity cabinet door fronts 100% replaced; Install Kitchen base protectors throughout; Replace 100% of A/C units & garage doors; Remove and replace patio wood decks; Install new aluminum gutters and downspouts at 100% of the units; Install 100% heavy duty pre-cast splash blocks; Remove and replace 100% of the carpet; Replace 70% of range hoods, refrigerators, Range/ovens, & garbage disposals; Replace 60% of dishwashers & Paint 100% of the units exterior walls. 

Rehab completed in December 2018 and First Housing is now providing permanent loan servicing and compliance monitoring for the agency.

For more information on First Housings’ services please contact us at loanadmin@firsthousingfl.com