TPI Development is focused on preserving or adding to the nation’s affordable housing stock by developing or working with other developers to build new and/or rehabilitate existing affordable housing communities. In addition to the properties TPI manages for others, TPI owns or co-owns more than 2,000 rent-restricted apartment units in Florida, Georgia, and Tennessee.
We CARE About Progress
As developer, codeveloper, and/or general partner, we provide a full range of services, including the following:
- Analysis and identification of properties to be acquired and developed or redeveloped
- Working with bond issuers and lenders to obtain funding for the project
- Identifying, selecting, and contracting with key vendors, including architects, contractors, surveyors, engineers, etc.
- Obtaining governmental approvals and regulatory consents and complying with any applicable regulations
- Obtaining low income housing tax credits, as applicable
- Overseeing contractors and subcontractors to ensure the product is built as anticipated on time and within budget
- Relocating tenants during construction (for rehab projects)
- Marketing the units to prospective tenants after completion
THE SUNSET BAY REHAB STORY
Along with our development partner, we resyndicated and rehabbed a 308-unit tax credit property in Cutler Bay, FL. Recently, every apartment was overhauled, included cabinets, floors, vanities, painting and new AC units. The residents are very excited about their new gigs and were very accommodating to help make this rigorous project go smoothly. We also added 11 ADA units.
This was a formidable task that required immense levels of coordination and cooperation. To do this, we refurbished 35 vacant units as temporary living spots for residents as we renovated their apartments. We negotiated contractor agreements; worked with bond issues, equity investments and lenders to obtain funding; and obtained governmental approval. We hired a renovation team to help with packing and ensuring everything was put back in place. We also provided packing supplies and storage pods for those with lots of furniture.
Resident Services: Just One More Way TPI Over Delivers
Development and property management companies are typically expected to adhere to regulations and industry standards. However, TPI goes beyond these expectations by offering Resident Services tailored to the specific needs of our residents.
Resident Services was established to provide onsite programs designed to enhance the living experience for our residents. These programs have proven to play a vital role in resident retention and attracting new residents.
For instance, at Clipper Cove Apartments, we introduced Campus for Living to cater to the needs of families with elementary-aged children. Within this initiative, we established the Youth Enrichment Academy (YEA) to offer after-school assistance, homework help, snacks, and engaging physical and educational activities. During summers, YEA transformed into a valuable summer camp. This program has been instrumental in keeping many families at Clipper Cove.
Resident Yvonne Mercado shared, “The Youth Enrichment Academy was a Godsend for my family. As a single mother of three, I couldn’t afford traditional after-care or summer camp. Having a program right where we live, where my children were safe and enjoyed themselves, is such a blessing. This feels like a real community that looks out for one another and not just an apartment complex.”
Clipper Cove Resident Services received consecutive Rainbow Awards for Best Resident Services in 2000 and 2001, recognized by the Southeast Florida Apartment Association.
Our other Resident Services programs across TPI properties include Bedtime Stories (a monthly program for younger children), healthy eating initiatives through Cooperative Extension, and book clubs in collaboration with Literacy Coalitions. All these programs are funded through grants and provided at no cost to our residents.
Kisha McIntosh, a resident, shared her experience, “Moving into my first apartment was scary. I came from a home where my mom and grandmother loved to cook. I loved to eat, so it was a match made in Heaven. Once I moved away and realized I was on my own, I knew I was in trouble. I couldn’t afford takeout every night. The Cooperative Extension taught me the importance of a balanced diet, food preparation, and some simple recipes. I even learned how to save more while doing my shopping.”
Additionally, we organize various community events and initiatives such as holiday parties, community cleanups, health fairs, food drives, Super Bowl parties, movie nights, bingo nights for adults, and back-to-school drives. These activities foster a sense of community and cohesiveness that sets us apart.
TPI Regional Manager, Darlesa Brown, affirmed, “Anything we can do to make residents feel safe, engaged, productive, and comforted, we do. It’s our why.”
We are well taken care of, this is a great place to live, and I am so happy to be a part of the Pelican Isles family. I would highly recommend this place to my family and friends.JoanneResident, Pelican Isles
The staff is very friendly and helpful, and maintenance requests are handled quickly with little interruption.BarbaraResident, Pelican Isles
I am very happy here and this has been my home for seven years and hopefully for many more to come.AlessiaResident, Clipper Cove
Thank you all for making it a pleasure to live here. I know you work hard and have much to deal with. TPI always gives me the utmost respect and gratitude!LisaResident