Year Completed:
2001
Type:
Preservation and adaptive re-use of a five-story turn of the century
building into multi-family apartments.
Population Base:
urban, city commercial and residential neighborhood.
Number of Units:
48 one and two-bedroom units.
Amenities:
locked entrance, parking, on-site laundry, appliances, central air.
Special Features:
Call Terminal is a tangible example of how a community can maintain
historic buildings and resolve affordable housing needs within the
same project. This particular project features two full floors of
office and retail space and three floors of housing. Housing features
units of affordable rentals and 12 units which will be rented at
market rate.
Development and Financing Resources:
city funds, state and federal loans, Federal Home Loan Bank, Low
Income Housing Tax Credits, Historic Tax Credits, conventional loans.
CHI, Inc.:
Developer, general partner, property management
Cost:
$8,000,000 |