A once blighted area near the iconic St. Peter’s Cathedral in downtown Belleville, Illinois has been transformed into a modern senior living community.
Already 10 tenants have moved into the Cottages at Cathedral Square, with room for more.
The $6 million 31,000-square-foot senior living complex has 16 one- and 16 two-bedroom apartment units, providing senior citizens independent living that includes a community center and on-site medical assistance.
The 32 units are available to low-income residents age 62 or older who meet U.S. Department of Housing and Urban Development guidelines.
The St. Louis Equity Fund invested in the tax credits. Touchette Regional Hospital in Centreville and the Metropolitan Housing Development Corp., a not-for-profit corporation chartered to develop, own, and manage low and moderate income housing, developed the property.
Five years ago, the block was only home to many derelict houses, an abandoned tavern and a vacant pants factory.