Modern, affordable senior living comes to Memphis’ Medical District

Memphis Housing Authority and Pennrose today announced the grand opening of Edgeview at Legends Park, a 99-unit, affordable senior housing development located within the mixed-income community in Memphis’ Medical District.

“Today marks an important milestone for Memphis seniors in our Housing Choice Voucher program,” said Dexter Washington, Chief Executive Officer of Memphis Housing Authority. “Edgeview at Legends Park is a testament to our commitment to provide high-quality, affordable housing options that cater to the unique needs of our public housing communities.”

MHA uses Project-Based Vouchers to subsidize rent in specific housing complexes. This new development has reserved 25% of units for individuals with incomes at or below 30% of the area median income (AMI), ensuring affordability for low-income elderly residents. Additionally, seven units are specifically designated for elderly veterans in this income bracket. The remaining units will house seniors at or below 50% of the AMI.

Designed with a contemporary aesthetic, Edgeview at Legends Park provides a modern and independent living experience for people aged 62 and older. The brand-new community features one and two-bedroom apartments with universal design principles to prioritize aging in place. The building seamlessly integrates with the existing Legends Park neighborhood.

“We are thrilled to welcome Memphis seniors into their brand-new homes with access to tailored amenities, supportive services and medical care that will improve their quality of life and ability to age in place succesfully,” added Ivy Dench-Carter, Senior Vice President of Development, Pennrose. “Positive health outcomes and access to high-quality, affordable and safe housing is intrinsically linked. We hope Edgeview at Legends Park serves as model for communities across the country.”

To promote healthy lifestyles, Edgeview offers premium shared spaces and amenities, including a community room, fitness room, exterior-covered porch and interior gathering spaces on each floor. Residents have access to robust supportive services, including an on-site impact coordinator and a primary care medical facility located in the building, through a partnership with Matter Health.

Located strategically near the VA Medical Center and offering easy access to Poplar Avenue and Downtown Memphis through public transportation, Edgeview at Legends Park is poised to become a vibrant, community-focused hub for seniors in the area.

This project was developed through a joint public-private partnership between the Memphis Housing Authority and Pennrose and has leveraged a mixed-finance approach utilizing tax-exempt bonds, conventional financing, local and state financing and 4% Low-Income Housing Tax Credits. Funding partners include the City of Memphis, the Memphis and Shelby County Community Redevelopment Agency, the Assisi Foundation and the Tennessee Housing Development Agency. To learn more about this development, visit EdgeviewatLegendsPark.com.

About Memphis Housing Authority:

Memphis Housing Authority develops, supports and maintains affordable housing options that provide stability and a sense of community for people with low to moderate incomes. It is the second oldest Housing Authority in the U.S. and was created in 1935 under Section 615 of the Private Act of the General Assembly of the State of Tennessee. In collaboration with a number of partner agencies, MHA provides eligible families and individuals opportunities to obtain decent, safe, sanitary and affordable rental housing. Through MHA's assisted housing programs across Memphis and Shelby County, over 26,000 low-income families and individuals are served and empowered to work toward self-sufficiency. 2025 marks the 90th anniversary of MHA, celebrating its rich history and contributions toward transformative revitalization of the Memphis landscape. For more information, visit: https://www.memphisha.org/