2100 Memorial: Redefining Senior Living

2100 Memorial was the home of over 200 senior citizens, all of whom were displaced when it was damaged by Hurricane Harvey and had to be demolished. On behalf of the Houston Housing Authority (HHA) and in partnership with Columbia Residential, a respected developer of affordable housing, we supported the process to obtain approvals for redeveloping 2100 Memorial, a 196-unit affordable senior community on Buffalo Bayou in Houston, Texas. About two-thirds of the $60,000,000 redevelopment cost will be funded through public incentives, including a $25,000,000 grant from the U.S. Department of Housing and Urban Development using CDBG-R funds managed by the City of Houston and $15,000,000 in equity from the sale of Low-Income Housing Tax credits, or LIHTCs.

Starting in July 2021, the demolition and reconstruction of 2100 Memorial will provide a completely reimagined senior community. The new site goes far beyond rebuilding. It will include a sustainable building design that respects its community’s history and character, plus compliance with the City of Houston’s updated stormwater management codes.