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IC 4.3 family housing presented as part of broader transition plan; developers outline timeline and unit mix
Summary
Developer team described the IC 4.3 family housing project: 61 replacement units for HomeRise residents, 30 transition units for legacy Villages households and 58 units at 50–60% AMI to be offered by Dahlia lottery; project schedule targets late 2026/early 2027 construction start and late 2028 completion with occupancy in spring 2029.
TIDA and the developer team presented design and transition housing details for the IC 4.3 family housing project on April 16, explaining how the new building fits into the island's multi-building transition plan for current residents.
Joey Benasini, vertical project manager with the developer, said the IC 4.3 project is a partnership of the John Stewart Company and Catholic Charities. The building will include 61 replacement units for current HomeRise residents, 30 transition units for legacy Villages households and 58 apartments offered at 50–60% of area median income through the Dahlia lottery managed by the Mayor's Office of Housing.
"The IC…
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