Year Completed:
2003 (under construction)
Type:
Preservation and adaptive re-use of a then four-story Louis Sullivan
designed Van Allen and Sons Department Store.
Population Base:
small city, downtown district.
Number of Units:
19 (14 one bedroom, 5 two bedroom units) Project features 17 affordable
units and 2 market rate units.
Amenities:
On-site computer lab, on-site laundry, parking, appliances, and
central air.
Special Features:
Community Housing Initiatives is proceeding with plans to preserve
this national historic landmark building. An extraordinary
example of Louis Sullivan's work, the building will be converted
to multi-family rental units on the upper floors and retail space
on the main level. The main level will also feature an historic
pictorial essay on Louis Sullivan and the construction of the building
- available at no charge to the public.
Development and Financing Resources:
City of Clinton grant and tax abatement, HOME funds, Federal Home
Loan Bank, Low Income Housing Tax Credits, Federal and State Historic
Tax Credit, Save America's Treasures, Enterprise Zone Credits and
conventional loans.
CHI, Inc.:
Developer, general partner, property management.
Cost:
$3,000,000 |