On Friday November 30th Madison County Housing Authority (MCHA) celebrated the opening of Gateway Village Development in Madison, IL. The housing development includes 78 units, including 53 affordable housing tax credit units and 25 units with rental assistance. MCHA anticipates being fully leased up by the end of 2012.
Posts Tagged ‘Madison County Housing Authority’
Celebrating the Newly-Constructed Market Street Homes and Breaking Ground on Gateway Apartments
NDC proudly congratulates community partners the Madison County Housing Authority (MCHA) and Madison County Community Development (MCCD) on two more achievements to add to their remarkable success in bringing affordable housing to their community: Market Street Homes and Gateway Apartments. MCHA and MCCD, along with the cities of Madison and Venice, hosted a celebration on July 12, 2011 to bring together project participants and recognize the importance of these projects in providing safe affordable housing for Madison County residents.
Market Street Homes
New construction of five single-family homes financed in part with Neighborhood Stabilization Program funds.
Redevelopment of two dilapidated public-housing projects into 78 mixed-income units financed in part with Low-Income Housing Tax Credit equity.
Tags: Madison County Community Development, Madison County Housing Authority, Madison IL, Market Street Homes, Venice IL
Posted in Affordable Housing, Development Assistance, Neighborhood Stabilization Program | No Comments »
NDC Provides Technical Assistance to the Madison County, Illinois Housing Authority; 78 Family Apartments DevelopedMonday, August 2nd, 2010
Venice (Madison County), IL: On Friday, July 30, The Madison County Housing Authority (MCHA) officially opened Meacham Crossing, a 78-apartment development in Venice, Illinois- their first venture as owner and manager.
Once an industrial powerhouse, Madison County today (population: 259,000) is a semi-rural county in southwestern Illinois, part of the “Metro East” suburbs of St. Louis, Missouri. Madison County has been a client community of NDC for 14 years, with John Downs, NDC field director, providing technical assistance on variety of projects, that include NMTC, LIHTC, single family for-sale, economic development financing, and renewable energy. (more…)
Tags: Low Income Housing Tax Credits, Madison County Housing Authority, Madison County IL, Meachum Crossing, New Markets Tax Credits, renewable energy, Venice IL
Posted in Affordable Housing, Development Assistance | No Comments »