Tuesday, June 13, 2017
New Low Income Housing Proposed for Bloomington
The City of Bloomington could soon have more low-income housing. One would be built around Greenwood Ave., near Highland Park Golf Course. Developers are proposing a 54 unit, mixed income housing development. Twenty units would be low-income apartments. Ten of the thouse would be directed toward residents with special needs. The Unit 5 School District, which runs Cedar Ridge Elementary in the area, says adding more familes, particularly low-income families, to the school would strain their already stretched resources. The developer has requested the city adopt a TIF district. The developer is expected to invest about $17 million into the project.