Bloomington and Heyworth sites receive grants for housing development
Nineteen housing projects across Illinois will receive $75 million to propel development. Bloomington and Heyworth have three of those sites.
The Villas at Prairie Vista and Lincoln Lofts are the two Bloomington developments obtaining funding. The grant will help create 24 new duplexes containing 48 units at The Villas. 54 units for people earning at-or-below 60% area median income for McLean County are set to be constructed at Lincoln Lofts. That project is in its second phase.
30 single-family homes will be built in Prairie View at Heyworth.
The money comes from the COVID-19 Affordable Housing Grant Program. More than 1,000 total homes are expected to be created throughout the 19 housing developments receiving grants.
The funding was approved and announced by Gov. JB Pritzker and the Illinois Housing Development Authority Board.