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The five-page report examines the status of affordable housing available via the Low-Income Housing Tax Credit (LIHTC) program, ultimately calling it "imperative that local leaders and stakeholders preserve and maintain LIHTC units to sustain housing for McLean County’s most marginalized residents."
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The Bloomington Planning Commission on Wednesday voted unanimously to advance a plan for a new housing development near Rivian on the community’s far west edge.
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The Bloomington City Council voted Monday to create a commission focused on gun violence, but the 5-4 vote shows it’s not a universally-backed idea.
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A developer plans to build a six-building apartment complex near Raab Road and Linden Street in north Normal, becoming the latest project aimed at addressing the community’s housing shortage.
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Eight months ago, a housing coalition in Bloomington-Normal asked for help, and a share of Town of Normal and City of Bloomington pandemic relief money to support as people go through rental assistance, eviction avoidance, and affordable housing programs. But the lack of housing and affordable housing is a much broader issue than one advocate can solve.
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Bloomington-Normal is losing ground on its housing gap. A 2021 housing study showed an unmet need for more than 4,000 housing units. Patrick Hoban, director of the area economic development council, said an update to the study takes Rivian employment into account, and shows the number is going in the wrong direction.
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Developers can build an $18.5 million housing development at the former Coachman Motel property, after the Bloomington City Council approved he project Monday night.
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Robbie Osenga, the developer of a proposed $18.5 million housing project near downtown Bloomington, said he remains hopeful despite Monday’s city council decision delaying approval.
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An $18.5 million proposal to create a high-end housing complex near downtown is on hold, after the Bloomington City Council opted Monday to postpone a scheduled vote until June 12.
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The Bloomington City Council on Monday will consider a developer’s $18.5 million plan to build luxury apartments and townhomes on a long-vacant property just east of downtown. The developer is asking for $4.5 million in incentives to do it.