Affordable housing ready for occupancy

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Indiana Public Media is reporting that a ribbon cutting ceremony was held to mark the official opening on the B-Line Heights Apartments in Bloomington.

The building, which offers one-, two- and three-bedroom units is situated adjacent to the B-Line trail which is the city’s premier multi use path.

All of the building’s 34 units are considered to be affordable housing, with 32 units serving families at or below 60% of the area median income, and 2 units serving families at or below 50% of the area median income. Between a Housing and Urban Development (HUD) subsidy and low-income housing tax credits, B-Line Heights ensures an overall affordability period of no less than 30 years.

Rents range from $625 for a one-bedroom to $845 for three bedrooms.

Construction began on the building in February 2018.

 

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