$20 million 'attainable' housing project moves forward in libertyvillevol mainstreetlvill ilhousing
Nearly a year after being introduced, a $20 million plan to provide"attainable" housing for seniors and empty-nesters and improve the Peterson Road corridor in Libertyville has been approved by village officials.
Commercial space on the first floor will be occupied by CPAH's new headquarters and provide for on-site property management. The key aspect of the project is 34 rental apartments for people 55 and older on the second and third floors. by signing up you agree to our terms of service Anthony said the total investment is about $20 million. Funding comes largely through tax credits from the Illinois Housing Development Authority, federal funds from Lake County and a community project grant secured through U.S. Rep. Brad Schneider's office, he said.
"We desperately need housing in the community for seniors," said Trustee Pete Garrity."It's a huge need."
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