Low income housing starts are on horizon
Aledo officials are meeting with developers today to find out more about some low income housing proposals that are in the works.
Blair Minton & Associates, developer of Heritage Woods Assisted Living and two condo units adjacent to the assisted living facility, is hoping to bring in 20 more condominiums to the area. At Monday's Aug. 2, 2010 city council meeting Mayor Richard Hunter told the council about a recent telephone conference with Blair Minton & Associates. The developer is looking for a letter of support from the city for its proposed expansion of the condominiums near Heritage Woods.
Another developer, Daveri Development Group, is hoping to create expanded housing not only in Aledo, but in Viola and New Windsor. Mayor Hunter said that individuals involved in the telephone conference besides himself were City Administrator Janice Green, and Economic Development Partner Jenny Garner and Blair Minton.
Garner has been working with both developers coordinating the cities and villages involved in the proposed expansions.
"Viola and New Windsor are very excited," said Garner on Tuesday morning. She said she has a series of meetings with developers and officials from Aledo, Viola and New Windsor planned today.
Mayor Hunter said at Monday's city council meeting that there are federal tax credits available in certain areas that have been designated as disaster areas, with Mercer County being one of the areas. The purpose is to create more affordable housing.
Hunter said they are proposing to build 22 housing units, each at a cost of $250,000 apiece. He said the rents of the units would be $400 a month for one-bedroom and $650 a month for two-bedroom units.
Blair Minton & Associates have built two condominiums already near Heritage Woods.
Garner said that Daveri Development Group and Blair Minton & Associates have spoken with each other.
"They checked with the state to see if there would be any conflicts," said Garner.
Daveri Development Group is from the Chicago area. "They're interested in putting up 40 units in Mercer County," said Garner. "These are not government subsidized units," she added.
She said that Blair Minton is only working on senior housing. "He talked about 20 units. He's only doing this in Aledo," said Garner.
The meeting today is with representatives from Blair Minton, Daveri Development Group, the Mercer County Housing Authority and Mercer EDP.
The mayor also told the council that city water rates would be increasing. The water committee is holding a meeting at 4:30 p.m. Thursday, Aug. 5, prior to the regularly scheduled TIF committee meeting.
In other business the city:
• Approved a license agreement with the Aledo Police Benevolent Association giving the association permission to construct and maintain a memorial on property located near the Mercer County VFW. The memorial will include brick pavers, a decommissioned howitzer and a memorial sign.
• Referred to the property committee a lease agreement with the Mercer County Senior Citizen Center;
• Referred to the TIF committee a resolution approving a TIF grant agreement between the city and World-Wide Gun Report.