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More is being learned about a new $10-million housing development planned for Alton that was recently awarded a share of more than $26.4-million in federal Low-Income Housing Tax Credits. An Alton project called the Community of Sunnybrook will break ground next spring, if all goes according to plan. About 40 units will be built on 7-acres just north of the Brandon View Apartments on Washington Avenue.
The community will feature a mix of one-, two- and three-bedroom units, the first of which should be ready for occupancy about a year after construction begins. After 15 years, the renters could be eligible for home ownership. Ed Hightower, majority owner of Sunnybrook tells The Big Z a application process for prospective residents will include criminal and credit background checks.
Click here for Hightower's comments
The development will target the entry level Madison County workforce aimed at attracting employees in local logistics such as those located in the Gateway Enterprise zone, Alton Regional Transportation Center, America’s Central Port in Granite City, as well as workers earning between $12 and $20 an hour, who are looking for a safe and vibrant family community.