An Edwardsville independent senior apartment complex will be rehabilitated and expanded with help from the state.
The May Apartments at 1701 Bryant Ave. is one of 20 projects from across the state selected by the Illinois Housing Development Authority to provide rehabilitation and new construction that will ensure affordable housing for low-income families, senior citizens and those with disabilities.
Financing is coming from the federal low-income housing tax credit and the Illinois Housing Development Authority's Preservation Now program. The metro-east apartment complex will receive more than $10 million in federal housing tax credits. The job calls for rehabbing all 46 existing units and adding a wing of 24 units.
The apartment complex is partly owned and managed by the Madison County Housing Authority through a limited partnership with May Apartments LP. Housing authority executive director John Hamm said the building was built around 1970 and needs renovation.
"It's a building that is in dire need of rehab," Hamm said. "It will be a boost for the community."
Rebecca Boykin, a spokeswoman from the Illinois Housing Development Authority, said there is a long list of low-income properties throughout Madison County seeking funding assistance.
"There is a great need across the state for affordable housing," Boykin said. "And this will help low-income seniors stay in a community that has become their home."
Boykin said the projects are expected to begin by spring.
Contact reporter Will Buss at email@example.com or 618-239-2526.