Construction begins at Plaza Townhomes
at Macon and Moline
Construction is underway on the Plaza Townhomes at Macon and Moline, the Aurora Housing Corporation’s new development located
in north Aurora.
The development will offer 30 two-story townhouse
style units in three buildings with
a mix of one, two, three, and four-bedroom units. Additionally, each building has one handicapped accessible unit that is located on the ground level.
The Moline Street location will have a leasing office and a community room available for use by all neighborhood residents. Each location will also have 17 spaces
of parking located on the ground level below the units, with one handicapped accessible space per building.
Ten units will be set-aside for families participating in the Families in Transition program. The remaining 20 units will be available for individuals and families at or below 60% of the area median income. Proposed rents for those units will range
from $395 for a one-bedroom, one-bathroom unit up to $875 for a
four- bedroom, three bathroom unit.
Pre-leasing will begin in the spring
of 2007.
Enterprise Community Investments is the Aurora Housing Corporation’s partner in this development. Construction financing is being provided by Citywide Banks and permanent financing is being provided by the Colorado Housing and Financing Authority. Additional funds came
from the City of Aurora’s HOME program and the Federal Home Loan Bank’s Affordable Housing program. Construction will be completed in June of 2007.
For more information, contact Jennifer Siegel. 720.251.2105
