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Housing authority outlines $18 million senior redevelopment for North Wildwood site
Summary
The Kankakee County Housing Authority presented plans May 4 for a senior-focused redevelopment on North Wildwood that would replace existing public housing with duplex and triplex units funded largely through tax credits; presenters said the project needs about $1 million in local or grant funding to fill a financing gap.
Joseph Anderson, executive director of the Kankakee County Housing Authority, and development consultant Jim Carroll presented a proposal May 4 to replace aging public-housing units in the North Wildwood area with a new senior development for residents 62 and older.
The project would demolish existing units on two city blocks and build one-story duplexes and triplexes, the presenters said. Carroll described the planned mix as 31 one-bedroom units and 10 two-bedroom units and said the development would be financed through the long-term housing tax credit program in partnership with the Illinois Housing Development Authority. "The total investment will…
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