Project Description
Project Name: Berewick Multi-family
Address: 5832 Dixie River Road
Will the project meet Energy Star standards as defined in Appendix B? Yes
Will the project include a Community Service Facility under IRS Revenue Ruling 2003-77?
No
If yes, please describe:
Target Population:Family
Will the project be receiving project based federal rental assistance? No
Applicant Information
Indicate below an individual or a validly existing entity (a corporation, nonprofit, limited partnership or LLC) as the official applicant. Under
QAP Section III(C)(5) only this individual or entity will be able to make decisions with regard to this application. If awarded the applicant
must become part of the ownership entity. The applicant will execute the signature page for this application.
Applicant Name: Charlotte-Mecklenburg Housing Partnership, Inc.
Address: 4601 Charlotte Park Dr., Suite 350
Telephone: (704)342-0933
Fax: (704)342-2745
Site Description
Identify utilities and services currently available (and with adequate capacity) for this site:
Is the site directly accessed by an existing, paved, publicly maintained road? Yes
If no, please explain:
Is any portion of the site located inside the 100 year floodplain? No
If yes:
(a) Describe placement of project buildings in relation to this area:
(b) Describe flood mitigation if the project will have improvements within the 100 year floodplain:
Site Control
Does the owner have fee simple ownership of the property (site/buildings)?No
If yes provide:
If no:
(a) Does the owner/principal or ownership entity have valid option/contract to purchase the property?Yes
(b) Does an identity of interest (direct or indirect) exist between the owner/principal or ownership entity with the option/contract for
purchase of the property and the seller of the property?No
If yes, specify the relationship:
(c) Enter the current expiration date of the option/contract to purchase: 03/30/2000
Zoning
Present zoning classification of the site:CC & MX-1
Are variances, special or conditional use permits or any other item requiring a public hearing needed to develop this proposal?Yes
If yes, have the hearings been completed and permits been obtained?No
If yes, specify permit or variance required and date obtained. If no, describe permits/variances required and schedule for
obtaining them:
Current zoning allows for multi-family construction. There is an existing buffer condition due to previous
zoning. We will rezone to MF-22 to eliminate the previous buffer condition.
Are there any existing conditions of historical significance located on the project site that will require State Historic Preservation office
review?No
If yes, describe below:
Are there any existing conditions of environmental significance located on the project site?No
If yes, describe below:
Ownership Entity
Unit Mix
The Median Income for Mecklenburg county is $66,500.
Statistics
Market Rate.......
Project Includes:
Separate community building - Sq. Ft. (Floor Area): 2,150
Indicate below any additional targeting for special populations proposed for this project:
Mobility impaired handicapped: 5% of units comply with QAP Section IV(F)(3) (in addition to the units required by other federal and
state codes.)
Number of Units: 6
Number of Units: 11
Notes
** Please refer to the Income Limits and Maximum Housing Expense Table to ensure that Total Monthly Tenant Expenses for low
income units are within established thresholds.
Targeting
Specify Low Income Unit Targeting in table below. List each applicable targeting combination in a separate row below. Click [Add] to
create another row. Click "X" (at the left of each row) to delete a row. Add as many rows as needed.
# BRs Units %
Note: This number should match the total number of low income units in the Unit Mix section.
Funding Sources
Amort. Annual
Non- Rate Term Period Debt
Source Amount Amortizing* (%) (Years) (Years) Service
RPP Loan
RD 515 Loan
AHP Loan
Non-Repayable Grant
Owner Investment
Other - Specify:
* "Non-amortizing" indicates that the loan does not have a fixed annual debt service. For these items, you must fill in 20-year debt
service below.
** Total Sources must equal total replacement cost in Project Development Cost (PDC) section.
Year: 1 2 3 4 5 6 7 8 9 10
Amt: 0 0 0 0 0 0 0 0 0 0
11 12 13 14 15 16 17 18 19 20
Year:
Amt: 0 0 0 0 0 0 0 0 0 0
Development Costs
Eligible Basis
Item Cost Element TOTAL COST
30% PV 70% PV
1 Purchase of Building(s) (Rehab / Adaptive Reuse only)
4 Rehabilitation
6 Accessory Building(s)
24 Bond Costs
26 Placement Fee
33 Tax Credit Allocation Fee (0.62% of line 60, minimum $7,500) 67,650
39 Relocation Expense
Comments:
Berewick is sure to be one of the most desirable communities in southwest Charlotte. It is a 1,070 acre
community that will feature Business Park - office space, town centers with retail space and several large
single family neighborhoods developed by some of the region’s finest homebuilders. Home prices range
from $180,000 to $500,000. The community will also feature one of the largest district parks in the county.
CMHP’s multi-family development on the Berewick site is in the design development phase. It is anticipated
that the development will include multiple three-story buildings housing (60) two-bedroom apartments, (48)
three-bedroom apartments, a club house, a community room with sunroom, a resident computer center and
an exercise room. The facility will also feature some outdoor amenities including a playground area, bike
racks, a covered picnic area with grills and outdoor seating areas with benches.
Adjacent to the site will be a new Berewick Elementary school now under construction by Charlotte
Mecklenburg Schools (CMS). The school will incorporate a 30,000 square foot recreation center that will be
shared with the park containing a gym, meeting rooms and facilities for seniors. The School is scheduled to
be in service by the 2009 school year. Towards the north or behind the site Mecklenburg County - Park and
Recreation will develop a large district park with 195 acres of soccer fields, ball fields, tennis courts,
playgrounds, spray grounds, nature trails and open spaces among other sporting amenities. South of the
site across from Dixie River Road will be a new single family subdivision and a Church. Residents choosing
to reside in the proposed multi-family apartment community will enjoy a park-like setting with easy access to
all neighborhood conveniences.
Funding sources for the proposed development include Federal Low Income Housing Tax Credits, City
Housing Trust Funds and a State Tax Credit Loan. Total development cost for the 108 unit development is
projected to be $13,000,000.
Other:
Substituting brick on building exterior base with stone cladding as allowed by revised 2009 QAP.
Have you built other tax credit developments that use the same building design as this project?No
If yes, please provide name and address:
Site Amenities:
Berewick Multi-family site amenities will include a clubhouse, a community room, a resident computer room
with a min. of (2) computers and an exercise room.
Onsite Activities:
Onsite amenities will include a resident playground, covered picnic area with (2) tables and one grill,
outdoor sitting area with benches on (3) locations
Landscaping Plans:
The facility's exterior will have attractive landscaping in a similar fashion as the developer's prior tax credit
communities.
Do you plan to submit additional market data (market study, etc.) that you want considered? Yes
If yes, please make sure to include the additional information in your pre-application packet.
NEIGHBORHOOD CHARACTERISTICS
Trend and direction of real estate development and area economic health. Physical condition of buildings and
improvements in the immediate vicinity. Concentration of affordable housing.
The Berewick Multi-family site is a part of a much larger master planned development. This development is
largely rsidential in nature and is located in the fast-growing Lake Wylie/ Steel Creek section of
Mecklenburg County. The area has a great deal of appeal do to its proximity to uptown Charlotte, the airport
and nearby office districts. The County is also investing in the area to accommodate the growing need for
schools, libraries and parks. The median home price for the area is $233,000 and there is presently no
affordable housing available. (Please see additional information provided for the Market Analyst.)
Land use pattern is residential in character (single and multifamily housing). Extent that the location is
isolated. Effect of industrial, large-scale institutional or other incompatible uses, including but not limited to:
wastewater treatment facilities, high traffic corridors, junkyards, prisons, landfills, large swamps, distribution
facilities, frequently used railroad tracks, power transmission lines and towers, factories or similar operations,
sources of excessive noise, and sites with environmental concerns (such as odors or pollution). Amount and
character of vacant, undeveloped land. In addition to the largely residential developmet within and near the
Berewick District a significant number of commercial retail space and office space is also being planned in
two nearby towncenters. The new Berewick Towncenter will be located within walking of the proposed
apartments. This towncenter will have a variety of retail stores totaling 113,600 sf. In addition it will include a
bank, a daycare center, live/work space, a grocery store and a pharmacy that is expected to start
construction in fall of 2009. Another proposed center within a mile is Shopton Square which will be located at
the intersection of Steel Creek Rd. and Dixie River Rd. This center will be anchored by Bloom and CVS
Pharmacy. More information is provided in the Market Study Information Package.
SITE SUITABILITY
Adequate traffic safety controls (i.e. stop lights, speed limits, turn lanes). Burden on public facilities
(particularly roads). Access to mass transit (if applicable). Visibility of buildings and/or location of project sign
(s) in relation to traffic corridors. The site has been determined to be suitable for the proposed use. There are
some planned street realignments currently underway in the area that will improve the quality of life for the
future tenants. Notably, the residents will benefit from the realignment of the primary access to the site. This
will occur when Dixie River Road's intersection with Steele Creek Road is realigned with the present Steele
Creek Road and Shopton Road. This Signalized intersection alignment will help improve and organize the
traffic flow.
Degree of on-site negative features and physical barriers that will impede project construction or adversely
affect future tenants; for example: power transmission lines and towers, flood hazards, steep slopes, large
boulders, ravines, year-round streams, wetlands, and other similar features (for adaptive re-use projects-
suitability for residential use and difficulties posed by the building(s), such as limited parking, environmental
problems or the need for excessive demolition).
Even though the site presents a challenging steep slope towards the north side, we are pleased to propose
a building plan that addresses the slope issue favorably and allows the buildings to have a presence at the
street level. No other on-site negative features are present on our selected site.
For each applicable neighborhood feature, enter distance from project in miles.
The following enclosures must be submitted along with your signed preliminary application. Some enclosures are required only under
certain conditions. Please check each applicable item to indicate that you understand the enclosure requirements and will enclose the
correct supporting documentation with your application.
Fee Payment
Check in the amount of $5,450.00 made payable to North Carolina Housing Finance Agency.
Tab A - Preliminary Application
Printed, signed copy of preliminary application generated from online system.
B - Map/Driving Instructions
A local map clearly identifying the location of the Site and detailed directions to the Site. Current City or County maps are preferred
– internet maps and directions are not acceptable. Applicant must also provide a map identifying the amenities listed in section IV
(A)(1)(b)(ii) of the QAP and their proximity to the site.
Applicant must provide a sign and boundary markers to clearly identify the road frontage of the site. The sign identifying the site
should read “SITE” with a minimum size of 11x17.
C - Community Revitalization Plan
Applicant should provide a map identifying the subject site within the Plan area (if applicable).
D - Evidence of Site Control
Provide valid option/contract or warranty deed and plot plan.
E - Site Plans/Scope of Work
Preliminary site plan, floor plans and elevations for all projects, interior and exterior photographs and detailed scope of work for
Adaptive Reuse and Rehab projects. Site and floor plans should be no larger than 11x17 and must be produced by a licensed
architect or engineer.
F - Information Package for Market Analysts
This section must include copies of items required in Tabs A, B, E and G (site and floor plans should be no larger than 11x17) and
can include any additional market information such as preliminary market studies the applicant would like to provide to the
Analysts.
G - Rent Roll (Rehabs only)
Provide the current rent roll for the property and indicate which units (if any) are receiving rental assistance.
H - Documentation for Basis Boost
Applicant should provide an appraisal and/or standard geological survey to support a request for the basis boost (if applicable).