Carr Square Kicks off Renovation Grants Will Finance Ownership Program

Article excerpt

A tenants' organization announced on Wednesday a $20 million plan to convert more than half of the dilapidated Carr Square Village housing complex into fully rebuilt, owner-occupied dwellings in a park-like setting.

Mayor Freeman Bosley Jr. said that launching the project, northwest of downtown, was a highlight of his seven months in office.

Echoing his dominant campaign theme, Bosley said,"One of the most important things to people in our community is neighborhood stabilization and housing. That's what this project does. . . . There's pride and dignity in ownership."

Money will come from a variety of federal and state grants, most administered by the federal department of Housing and Urban Development. McCormack Baron & Associates, a firm with a long record of redevelopment here, will assist the project manager, Carr Square Tenant Management Corp.

The project will convert 340 of the low-rise brick units to 182 new units, with new landscaping and construction to create secure off-street parking, individual front and back yards and green spaces for recreation. Population density in the finished project will be about half of the original.

Loretta Hall, resident manager, said the conversion would be the fulfillment of a 15-year dream for many tenants, some of whom moved in when the project first opened in 1942. The new housing will be run as a cooperative, with residents purchasing shares, Hall said. …