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PFP Owned and Operated Housing

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Presentation on theme: "PFP Owned and Operated Housing"— Presentation transcript:

1 PFP Owned and Operated Housing

2 PAGE 5235 Page 63113 23 units – independent apartments 24-hr staff
For-profit Tax Credit and MHDC Project

3 CJ’s 1939 Sullivan Street 63107 18 units-efficiency apartments
24-hr staff HUD 811 Project

4 COTTAGES 5400 Arsenal St 63139 2 buildings; 8 rooms each (centralized cooking) 24-hr staff Rented from the State of Missouri Only minor interior repairs and upkeep done by PFP

5 SHENENDOAH 3851-3853 Shenendoah 63110 4 units-2BR apartments
No on-site staff HUD 202 Project- 3 buildings (West Pine, Chouteau, Shenendoah)

6 CHOUTEAU 4336-4338 Chouteau 63110 4 units-2 BR apartments
No on-site staff HUD 202 Project-3 buildings (West Pine, Shenendoah and Chouteau)

7 WEST PINE GROUP HOME 4232 West Pine 63108
9-rooms (centralized cooking) 24-hr staff HUD 202 Project-3 buildings (West Pine, Shenendoah and Chouteau

8 MORGANFORD 3238 Morganford 63116 10 units (1 BR apts) No on-site staff
Owned outright

9 HOUSING STATISTICS 6 properties owned, 2 cottages leased; 84 units in total PFP- owned housing 5 of the 6 properties are “owned” by separate corporations PFP employs one accountant, two administrative housing staff and six maintenance staff (80% of their work is estimated to be housing-related) for property management

10 PFP AND ACCESS TO HOUSING
Recognizing that housing is a necessary component of recovery and wellness, PFP has made the conscious choice that in the future we will not act as property developers for additional housing projects. PFP partners with several different entities to facilitate access to non- owned/operated housing: DMH (T-1 housing dollars), St. Louis City and County Housing Continuums, HUD PFP led the coalition, through their housing collaborative, to establish a separate non-profit organization (Gateway Housing First) that would have responsibility for accessing and managing housing for public sector behavioral health providers in the region

11 QUESTIONS TO CONSIDER Should PFP consider exploring if it is possible (and the logistics of how)to redirect our existing housing real estate to another entity (such as Gateway Housing First?) If so, should this be done via full dissolution of PFP housing corporations and transfer of ownership? Or should this be done via utilizing someone as a managing agent, with PFP retaining the separate corporations and ownership? If this is something we want to pursue further what types of things do we need to consider and work through or research? Should we consider all or select properties?

12 PFP OFFICE FACILITIES

13 4130 LINDELL Built in 1940 16,800 usable square footage
Predominantly programmatic staffing Owned free and clear Maintenance costs in FY15 = $46,433

14 4120 LINDELL Built in 1937 7,220 usable square footage
1st floor-Recovery Center 2nd floor-Administrative Offices Loan balance of $1,086,467 Maintenance costs in FY15 = $10,465

15 LEASED OFFICE SPACE 2 Suites at 4144 Lindell Professional Building ($2,000/month) 1,778 Sq. ft. 2 rooms at St. Vincent’s Church ($650/month)approx 1,500 sq.ft. Therapy office at DePaul Health Center ($550/month)

16 POINTS TO CONSIDER We are out of space! We are out of parking!
Crucial to separate the programmatic functions of the club and Community Support Decision to be anchored by agency values

17 QUESTIONS TO CONSIDER What office facility “footprint” would be best for PFP throughout the metro area and where would it be? If we would change locations, would we lease or purchase? What type and functionality of office facilities would be best suited for the PFP of the future? (staff workgroup?) Consider the concept of “hoteling” for PFP office space and any potential implications for the mobile-office concept for over two hundred staff.


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