A rather worn out 18 unit
apartment building that was built in 1928 on Cypress Street, just east of
Glendale Avenue, is being rehabilitated and will be given a new life as
affordable housing for 17 senior citizen households. Six of the units will be
reserved for senior citizen Veterans of the U.S. Armed Forces.
The building will have 4
one-bedroom and 14 studio units. The building is undergoing major
rehabilitation including new kitchens, bathrooms, flooring, windows, and
heating and air conditioning systems to serve new low income residents.
The purchase and improvements are being funded with federal HOME program funds
and funds from the Low Income Housing Tax Credit program, as well as
investments from the developers.
Lottery applications can be downloaded and printed at:
www.communitydevpartners.com/CypressSeniorLottery
Please review the information below for important details.
