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In 2006 and 2007, the buildings were converted to affordable apartments for residents 55 years old or more. [4] The complex was added as a single listing on the National Register of Historic Places in 2009 and recognized as a contributing property to the Schoolfield Historic District in 2020.
The hotel ceased operation in the 1980s, and the building was renovated into apartments in 1996. [3] As of 2017, the William Byrd Apartments were owned by Project: Homes, a regional nonprofit dedicated to providing housing for low-income seniors. [4] It was listed on the National Register of Historic Places in 1996. [1]
The upper floors of the former office building were converted into 70 affordable mixed-income apartments. The street level storefronts, comprising 13,000 square feet (1,200 m 2 ) were also restored. About 80 percent of the apartments at the center are rented to those with incomes below 60 percent of the area's median income.
The penthouse, located in Brooklyn's trendy Williamsburg neighborhood, has three bedrooms and 2.5 bathrooms NBC Universal 2 months ago Home sales surged in October, just before mortgage rates jumped
An affordable-housing developer’s third project in Chapel Hill could add 190 apartments within a short walk or bus ride to Franklin Street. The 607-617 Martin Luther King Jr. Blvd. project would ...
In practice, these policies involve placing deed restrictions on 10–30% of new houses or apartments in order to make the cost of the housing affordable to lower-income households. The mix of " affordable housing " and "market-rate" housing in the same neighborhood is seen as beneficial by city planners and sociologists. [ 3 ]
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