A new apartment complex in downtown Peoria will be catered towards tackling local housing insecurity.
Phoenix Community Development Services announced Tuesday construction plans for a new four-story, 24-unit apartment building at the site of the old Regions bank branch on NE Madison.
The construction is funded by a $5.5 million grant from the Illinois Housing Development Authority.
The first floor will feature commercial space.
Officials at Phoenix Community Development Services hope to break ground this fall. The non-profit currently operates 159 units those without stable housing in Peoria.
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