Present from the residents (4)
I believe the answer is:
here
'present' is the definition.
('here' can be similar in meaning to 'present')
'from the residents' is the wordplay.
'from' indicates a hidden word.
'HERE' can be found hidden inside 'the residents'.
(Other definitions for here that I've seen before include "Present - at this point" , "In this place - present" , "The present location" , "Present; I say!" , "Hither" .)