National Equity Fund

Lennox House

Grand Prairie, TX


Statistic
Jobs Created: 12
Jobs Year One: 48


In 1951, Lennox House opened as a 110-room hotel in Grand Prairie, Texas and shut its doors in 1985. National Church Residences converted the old hotel into a 40-unit senior housing complex in 1993, and now, it's been substantially rehabilitated to extend its useful lifespan as well as preserve its affordability, which is key for the elderly community and individuals with disabilities. This three-story garden-style building provides 39 one-bedroom and one two-bedroom apartments under the renewal of the Section 8 subsidy RAD conversion program. This development serves the elderly and individuals with disabilities, ages 62 or older, earning 30-60 percent of the area median income (AMI).

The upgrade includes interior and exterior rehab with kitchen and bath remodels, new flooring, fixtures, window coverings, new ENERGY STAR appliances, window replacements, etc. Residents have access to a new community garden and outdoor space. Two units are modified to comply with Section 504, physically handicapped accessibility and sensory impaired requirements.

Awards: 

  • 2023 Affordable Housing Finance Reader’s Choice Award Winner, Preservation

Photo credit: Rick Bryant.



Project Details:

Completed:
2023
Population Served:
Elderly
Total Units:
40
Mix of Residences:
1 Bedroom (38),2 Bedroom (2)
Net Equity:
4.12M
Credit Type:
9%
Total Project Costs:
8.06M
Developer(s):
National Church Residences
Property Manager:
National Church Residences

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