Today wi l l become yesterday, our f u t u r e becomes what we make

of Today, and Yesterday i s now our Legend

Housing Authori ty of the City of Texarkana, Texas

Annual Report

2010

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Table of Contents

Letter from the Chairman of the Board 3

Letter from the Executive Director 4

Our Mission/ Our Vision 5

Public Housing 6

Housing Choice Voucher Program 7

HOPE VI 8

Success Stories/ Partners 9

Workforce Housing/ Senior Housing 10

HATT Board of Commissioners 11

Housing Authority of Texarkana Texas Staff 12-13

Financials 14

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Letter from the Chairman of the Board

My Dear Friends and Colleagues,

It is an exciting time to be privy to the incessant hum of activity at the Housing Authority of the City of Texarkana, TX. I am especially enthused to serve as Chairman of the Board of this bustling, innovative Housing Authority. In conjunction with the HOPE VI (Housing Opportunities for People Everywhere) grant, we have undertaken the herculean task to revitalize the historic RoseHill Community – not a small feat by any means, but one being carried out with precision under the shrewd leadership of Executive Director Naomi Byrne. The transformation of this community restores pride for the residents in this area and has created interest in others to relocate here. A coordinated effort to transition some tenants into potential homeowners is presently being undertaken. Hopefully, we will one day witness a partnership with the local schools to create community centers that will facilitate and promote adult and youth programs. The utter joy for me, and I am sure I speak for every Commissioner, both past and present, is witnessing the transformation of this historic community like a phoenix rising from cold, lifeless ashes into its rejuvenation into a vibrant, pulse-pumping neighborhood where citizens not only share in the history but are contemporary muses of the time ahead with a fierce pride and an unparalleled tenacity to grow. Come join us and experience the revitalization of “Our RoseHill” and our Housing Authority. Sincerely,

Denis Washington Chairman, Board of Commissioners

Housing Authority of Texarkana, Texas

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Letter from the Executive Director

Dear Friends,

On behalf of the Board of Commissioners of the Housing Authority of the City of Texarkana, Texas, along with its residents, staff and partners, I am proud to present the Housing Authority of Texarkana, Texas (HATT) Annual Report for 2010. As we reflect on our accomplishments for 2010, we are proud to have provided assistance to over 1,000 families in our community through our programs. Our first multi-family tax-credit development, The Oaks at RoseHill was constructed and leased up in record time. In addition, we leveraged additional HOPE VI dollars and received our second award of tax credits to redevelop Stevens Courts into Pecan Ridge at RoseHill. Our HOPE VI staff provided intensive case management services to residents, enabling them to become self-sufficient and no longer dependent on subsidized housing. Our housing programs improved their lease up rates by over 10%, and we successfully implemented several capital improvement projects, including a $1.4 million dollar HVAC upgrade at Robison Terrace. Not only did we improve our operations, we targeted customer service and effectiveness in 2010. HATT implemented several internal programs designed to educate and empower our staff, and we were better able to serve our customers in a more efficient and professional manner. 2010 was the start of a new day for our Housing Authority as we focused on a commitment to our customers, our staff and our community by integrating competence, cooperation, and compassion into our core values. In 2007, this agency, in partnership with the City of Texarkana, Texas and Texarkana Independent School District, embarked on an ambitious plan to revitalize the RoseHill Neighborhood. In 2010, we demonstrated how important thatpartnership is. We realized that we are not just here to provide safe, decent, affordable housing. We are here to provide homes and communities where people want to live, and we are resolute in our desire to improve and strengthen our neighborhoods and households, as well as help revive our community's social and economic health. Thank you for allowing me to become a part of HATT and of this community. As we celebrate our successes this past year and look forward to the adventures in 2011, we say thank you to all of our customers, partners and friends. Our work and success would not be possible without you. Truly,

Naomi W. Byrne Executive Director

Housing Authority of Texarkana, Texas

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The Housing Authority of Texarkana Texas (HATT) is dedicated to providing our community with quality, affordable housing that is decent, well maintained and free from drugs and violent crime. We endeavor to provide livable communities that are made up of a diverse range of incomes so that the children of our communities have role models that are visible and striving to make economic gains for their families. We are committed to providing our residents with as many opportunities as possible to become economically self-sufficient. We shall do all these things while serving our residents and neighboring citizens with the

Our Vision HATT does more than handle the day-to-day demands of providing

affordable housing solutions to lower income families, seniors and the disabled. We strive to craft solutions to our community's affordable

housing dilemma in a progressive and innovative manner, and turn them into reality.

Our Mission

AS the leader in the revitalization of Texarkana, HATT... Provides affordable housing,

Excels at customer service and Promotes self-sufficiency. "

"Even a small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history” -Nelson Mandela

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Griff King Courts 122 Units

Built in 1956

Hampton Homes 50 Units

Built in 1970

The Oaks at RoseHill 36 Units

Built in 2009

Williams Homes 52 Units

Built in 1982

Bright Street 20 Units

Built in 1986

Stevens Courts 124 Units

Built in 1942

Public Housing Public housing was established to provide decent and safe rental housing, typically for extremely low-income families, the elderly, and persons with disabilities. Public housing comes in all sizes and types, from scattered single family houses to highrise apartments for elderly families. Today in the United States, there are approximately 1.2 million households living in public housing units. The Housing Authority of the City of Texarkana, Texas has seven public housing properties that are home to over 450 families. We are proud of our communities and our residents.

Scattered Sites 42 Units

Built in 1986

Robison Terrace 130 Units

Built in 1974

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Housing Choice

The Housing Choice Voucher program has proven to be a good alternative to public housing. It involves the private sector in helping resolve the affordable housing crisis in our city and throughout our nation. The Housing Choice Voucher program provides monthly rental assistance payments to private landlords on behalf of low-income households who have been determined eligible by the Housing Authority. The program's objective is to allow lower income households access to safe, decent and affordable housing via the private rental market. The Family Self-Sufficiency Program provides supportive services and case management to Housing Choice Voucher participating families who seek to make the transition from public assistance to productive employment and economic self-sufficiency. Many recent graduates have gone on to purchase homes. The Family Self-Sufficiency Program teaches the necessary skills so families can learn to make socially responsible choices and achieve economic independence. In 2010, we had 23 families participating in the program.

HATT currently assists over 440 households in Bowie County. We work with our

landlords to provide quality, affordable housing in the

private market.

Voucher Program

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HOPE VI HOPE VI, which stands for Housing Opportunities for People Everywhere, is a program developed by the Department of Housing and Urban Development (HUD), provides public housing authorities with resources to revitalize severely distressed public housing developments.

In 2001, the Housing Authority of Texarkana, Texas (HATT), the City of Texarkana, and the Texarkana Independent School District (TISD) joined together in an unprecedented partnership to lead a comprehensive master planning and reinvestment process for the historic RoseHill neighborhood that includes housing, schools, public services, and infrastructure. To date, the RoseHill neighborhood, designated as a Revitalization Area by the City, has received new investment worth over $90 million. A key component of this collective effort is the award of a $20 million HOPE VI grant in 2008 to the Housing Authority for the demolition and reconstruction of the three oldest public housing properties consisting of 372 apartments: Covington Homes, Stevens Courts, and Griff King Homes. As of 2010,

HATT has successfully developed two new properties: Renaissance Plaza, and The Oaks at RoseHill. Another key provision of the HOPE VI grant is to develop 25 single family homes, to be sold to moderate income families in the RoseHill Neighborhood. “Real living is living for others” -Bruce Lee

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Success Stories The HOPE VI grant also gives families access to support services such as career training, employment programs for adults, and educational programs for children and youth as well as homeownership counseling programs. A number of residents achieved significant milestones in 2010 related to self-sufficiency.

“Every charitable act is a stepping stone toward

heaven” -Henry W. Beecher

Some of the milestones reached by residents included:

Completion of and Receipt of GED Admission into Community College Entrance back into the Workforce Graduation from two and four year university programs In addition, HATT, in conjunction with Carleton Construction, hired over 50 Section 3 residents to assist with the demolition of Stevens Courts.

Partners

• Northeast Texas Small Business Development Network

• Retired and Senior Volunteer Program (RSVP) • Special Health Resource for Texas, Inc. • Texarkana College • Texarkana Hockey Association • University of Arkansas for Medical Sciences-

Area Health Education Center-Southwest • Williams Memorial United Methodist Church • Texas A & M University-Texarkana-Evaluation • Caddo Area Council Boy Scouts of America

• Christus St. Michael’s Health System • Girl Scouts of Conifer Council • Mount Orange Missionary Baptist Church • Northeast Texas Workforce Development

Center • Rose Hill Baptist Church • Texarkana Bowie County Family Health Center • Texarkana Friendship Center, Inc. • City of Texarkana Urban Transit District • Wadley Regional Medical Center • Union Hill Missionary Baptist Church

• 1st Choice Pregnancy Resource Center • Bowie-Cass Adult Education

Cooperative • City of Texarkana, Parks & Recreation •Domestic Violence Prevention, Inc. •Community Healthcare

We would not be anywhere without our partners. Our partners donated over $250,430 in leveraged services to our residents in 2010. Thank you for your service and collaboration.

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Workforce Housing HATT is committed to providing affordable housing to make it possible for more people to live and work in Texarkana.

The Oaks at RoseHill is a brand-new approach to serving those who live in our historic neighborhood. Craftsman-styled townhomes highlight this revitalized community in RoseHill. HATT

also owns a market-rate property, Woodbridge Apartments, that provides homes for nearly 90 families. The majority of our non-senior residents are working families - participating and contributing to our workforce, our economy and

our community. Our workforce housing offers a focused solution to the crisis of affordable housing for the working community.

Senior Housing HATT also offers senior-only housing services at Renaissance Plaza,

Robison Terrace, Williams Homes and throughout Texarkana in scattered site communities. Our senior housing,

designed for residents 55 years of age and older, provides not only accessible living at an

affordable price, but provides social and

recreational services and amenities that benefit

our residents.

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Housing Authority of Texarkana Texas

Board of Commissioners

2010

Denis Washington, Chair

Senior Vice-President of Community Banking - Regions Bank

Dan Haskins, Vice Chair

Retired Educator (Former Assistant Superintendent of TISD)

Thomas Sadowski, Commissioner

CEO of Texamac, Inc./ McDonald's

Zedia Lane, Commissioner

Retired Educator (Texarkana College)

Richard Thurston, Resident Commissioner

Retired Pharmacist

Mayor, Stephen A. Mayo

Councilmember Ward I, Derrick McGary

Councilmember Ward II, Willie Ray

Councilmember Ward III, Tina Veal-Gooch

Councilmember Ward IV, Bob Bruggeman

Councilmember Ward V, Scott Norton

Councilmember Ward VI, Josh Davis

City of Texarkana, Texas City Council

2010

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HATT STAFF

Hope VI/ Resident Services Robert Nero, Director of Hope VI/ Resident Services Tarisha Duson, Hope VI Administrative Assistant Mae Lewis, Lead CSS/ Relocation Manager Andrewetta Sutton, CSS/ Relocation Manager Chanel Yates, CSS/ Relocation Manager Andrea Johnson, CSS/ Home Ownership Manager

Administration Naomi W. Byrne, Executive Director Charlotte Maxwell, Executive Assistant /Human Resources Manager

Finance Sydney Westbrook, Director of Finance Debra Griffin, Payroll Manager Denita McFarland, Finance Clerk

Housing Programs Fannie Grundy, Director of Housing Programs Kariesha Hubbard, Occupancy Specialist LaMonyka French, Family Self-Sufficiency/ Housing Choice Voucher Specialist Leonard Green, HOPE VI/ Housing Choice Voucher Specialist J.C. Lambert, Inspector

Modernization Arnold Potts, Director of Modernization & Contracts Arlicia Chapman, Work Order Inventory Clerk

Property Management Beverly Jones, Director of Property Management Vinnie Smith, HVAC Maintenance Mechanic B Pamela Hill, Asset Manager - Stevens Courts/ Hampton Homes/ Bright St. Homes Charles Harris, Maintenance Mechanic A Booker Benton, Maintenance Mechanic B Brandon Stenson, Asset Manager - Robison Terrace/ Williams Homes Calvin Johnson, Maintenance Mechanic A Kenneth Richardson, Maintenance Mechanic B Jennifer Luster, Maintenance Aide A Charles McGee, Asset Manager - Griff King/ Scattered Sites James McGilberry, Maintenance Mechanic A Lanita Fagan, Maintenance Mechanic B Odell Thomas, Maintenance Aide A Diane Dearborn, Asset Manager, Woodbridge Apartments Eric Hunter, Maintenance Mechanic B Daniel Fayard, Maintenance Mechanic B

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This is

Our

HATT

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Financials ASSETS

CURRENT ASSETS 12/31/2009 12/31/2010

Cash 1,378,706.00 1,884,005.00

Investments 2,585,672.00 2,577,792.00

Accounts Receivable 471,539.00 690,702.00 Prepaid Expenses and

Other Assets 122,467.00 124,967.00

FIXED ASSETS

Land 610,949.00 676,296.00

Buildings 20,780,019.00 20,995,018.00

Equipment 892,397.00 1,146,519.00 Less: Accumulated

Depreciation (13,025,881.00) (13,622,666.00) Construction in

Progress 552,772.00 1,474,813.00 NON CURRENT

ASSETS Notes Receivable-

Non Current 3,571,328.00 5,080,966.00 Investment in Joint

Ventures 2,549.00 2,549.00

TOTAL ASSETS 17,942,517.00 21,030,961.00

LIABILITIES AND NET ASSETS

CURRENT LIABILITIES 12/31/2009 12/31/2010

Accounts Payable 173,186.00 148,433.00 Other Current

Liabilities 350,030.00 234,049.00 LONG TERM LIABILITIES

Notes Payable 806,569.00 775,312.00

TOTAL LIABILITIES 1,329,785.00 1,157,794.00

OWNER'S EQUITY Invested in Capital

Assets, Net of Related Debt 8,967,964.00 9,863,349.00

Restricted Net Assets 3,920,768.00 489,952.00 Unrestricted Net

Assets 3,724,000.00 9,519,866.00

TOTAL NET ASSETS 16,612,732.00 19,873,167.00

TOTAL LIABILITIES & NET ASSETS 17,942,517.00 21,030,961.00

CONSOLIDATED STATEMENT OF REVENUE AND EXPENDITURES

REVENUE

NET TENANT DWELLING RENT 1,116,187 TENANT REVENUE OTHER 76,548 HUD OPERATING GRANTS 4,949,139

CAPITAL GRANTS 2,099,710 INVESTMENT INCOME 46,394

PROCEEDS FROM DISPOSITION OF ASSETS

225

FRAUD RECOVERY 4,817 OTHER REVENUE 38,992

GAIN/LOSS ON SALE OF OTHER ASSETS (88,114)

TOTAL REVENUE 8,243,898

EXPENSES ADMIN SALARIES 822,413 LEGAL EXPENSE 16,606

TRAVEL 17,974 AUDIT FEES 23,151

MANAGEMENT FEE 171,838 ADVERTISING & MARKETING 135,672

OFFICE EXPENSES 669,453 TENANT SERVICES 13,751

WATER 94,355 ELECT 152,443 GAS 47,416

SEWER 125,784 LABOR 283,769

MATERIALS 124,568 CONTRACT COSTS 419,954 PROTECTIVE SERV 132,893

INSURANCE 82,965 PILOT 25,173

EMP BENEFIT CONTRIBUTIONS 338,660 COLLECTION LOSSES 42,164

OTHER GENERAL EXPENSE 25,512 INTEREST ON NOTES PAYABLE 36,347

HAP 1,467,165 DEPRECIATION 630,162

EXTRAORDINARY MAINT 16,961 TOTAL EXPENSES 5,917,149

RESIDUAL RECEIPTS OR (DEFICIT) 2,326,749

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Stevens

Courts

Demolition

Breakfast

2010

The Oaks at RoseHill Grand Opening Celebration 2010

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Housing Authority of the City of Texarkana, Texas 1611 N. Robison Rd

Texarkana, Texas, 75501 (903) 838-8548

www.texarkanaha.org

“There are better things ahead than any we leave behind” -C.S. Lewis

This publication was designed, researched, compiled, and finalized by: Ms. Cadalea Jenkins

Texas High Class of 2012