Morris Court II and III, Pensacola, Florida

Originally used by the federal government as military housing, the AHC managed Morris Court was severely damaged by Hurricane Ivan. Carlisle and the AHC tapped into hurricane recovery and other funding sources to revitalize the devastated neighborhood. Carlisle demolished all 50 dilapidated units, and reached out to local residents, community activists, AHC board members, and city officials for input on the new residential plan.

Using this inclusive approach to gain a clear understanding of the community’s needs, Carlisle created one of Florida’s first new urbanist designs to focus on housing for low-income residents. The three-phase development consists of town homes and four-unit buildings for families, and three-story garden-style apartments for elderly residents.

Residents enjoy the adjacent 6-acre playground operated by Pensacola Parks and Recreation, and have the use of a fitness center, computer-equipped business center, and a library.

Development Details

Taking a comprehensive approach to community design, Carlisle worked with local leaders to create one of Florida’s first affordable housing communities to incorporate the principles of new urbanism.

Partner:
Area Housing Commission (AHC)

Location:
1351 North K Street, Pensacola, FL

Number of Units:
124

Phase II Completion Date:
2008

Total Development Cost:
$12,427,000

Financing:
Private First Mortgage $1,100,000
9% Tax Credits $10,009,000
Hurricane Housing Recovery Program $1,240,000
Deferred Developer Fee $ 78,000

Phase III Completion Date:
2009

Total Development Cost:
$8,014,000

Financing:
4% Tax Credit Equity $ 2,728,000
Rental Recovery Loan Program $ 4,286,000
Hurricane Housing Recovery Program $ 1,000,000

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