Public Announcements

 

Affordable housing project begins

VIRGINIA — Ground was officially broken Thursday for a new affordable housing project on the southwest edge of Virginia.

Construction has begun on 20 two- and three-bedroom, single-family houses on seven acres next to Jenny Marr Dunaway Memorial Park. The houses are scheduled to be completed in spring 2019.

“This will be an amazing opportunity for families in Virginia,” Illinois Housing Development Authority Executive Director Audra Hamernik said in a news release. “These are critically needed homes that will go a long way to address the pent-up demand for family housing in the community.”

Developed by the Cass County Housing Authority and Windsor Development Group, the project is financed largely by federal tax credits awarded by IHDA, which will generate over $5.4 million in private capital to offset the cost of building the new houses. The development will bring rental options to an area that has seen little multifamily development over the last decade and where more than 40 percent of all rental housing was built before 1960.

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