PERU – The city of Peru will be expanding affordable senior housing options. According to the city, the Illinois Housing Development Authority announced $29 million in tax credits for affordable housing. 3 Diamond Development will provide 10 buildings with a total of 60 single-story townhouse-style apartments located north of Wenzel Road and west of the Social Security Administration building. Groundbreaking is scheduled for the spring of 2022 with construction to last about a year.
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The housing plans on adding 18 new multi-family apartments alongside assistance for residents. Author: Nina Burns (WQAD) Updated: 5:45 PM CDT May 24, 2021
MOLINE, Ill. The Moline Housing Corporation is ready to expand their Spring Valley Village location after receiving a state grant.
14 other groups applied from the grant, but The Moline Housing Development Corporation was one of six who were approved.
The project received an allocation of Permanent Supportive Housing (PSH) funds $4,583,889 from the Illinois Housing Development Authority (IHDA).
The Housing Authority is set to build 18 multi-family apartments and a duplex in the expansion. But, the grant allows for more than just bricks and concrete buildings.