Illinois Invests Federal Stimulus Funds to Build Supportive Housing for Charleston Seniors

The Illinois Housing Development Authority (IHDA) announced last week that it broke ground on sixty-eight new affordable apartments for seniors.  Heritage Woods of Charleston will be located next to Cougill Senior Apartments that will create a complete senior housing campus for Coles County.  IHDA invested about $7.5 million in federal American Recovery and Reinvestment Act (ARRA) funds to build the development and it is expected to completed next year.  Applicants for the new apartments must have an income at or below 60 percent of area median income and rents will range between $317 and $584 for the affordable units.

“Federal stimulus dollars are enabling important supportive living facilities, such as Heritage Woods of Charleston, to break ground to provide Illinois seniors with a balance between independence and care,” said Gloria L. Materre, IHDA Executive Director. “Under the innovative Supportive Living Program, Heritage Woods will emphasize personal choice, dignity, privacy and individuality for its residents.”