Memphis Housing Authority Board Meeting Agenda February 2026
Penrose Granted Approval for Senior Housing Phase II
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Description
Memphis Housing Authority Board approved amending a HUD disposition application for approximately 1.09 acres to allow Penrose Properties to develop Edgeview at Legends Park Phase II Senior Facility. The new phase will add 60 affordable senior units on the site.
Contract Details
Vendor
PENROSE PROPERTIES
Agency
Memphis Housing Authority, TN
Contract Type
DEVELOPMENT
Document Date
February 26, 2026
Renewal Info
Future long-term ground lease with Penrose Properties subject to HUD approval; amendment of prior land disposition action.
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