FOR IMMEDIATE RELEASE (Sent on behalf of DHTC Development)
Contact: Debbie Shantz Hart, DHTC Development
Email: [email protected]
WHAT: The Nordic Landing Apartment Development is a public/private partnership that will create a $9 million housing development adjacent to the City of Springfield’s $21 million Grant Avenue Parkway infrastructure project. The project will transform a longtime blighted nuisance property into much needed quality housing, sustainably built and suitable varied-income residents.
WHEN: Monday, March 27, 3:30 pm remarks and groundbreaking
WHERE: 810 W. Catalpa Street, Springfield, MO
INFO: The Nordic Landing Apartment Development is a 41-unit affordable housing development that leverages federal and state housing tax credits, a conventional loan from Great Southern Bank, and a HOME funds loan from the City of Springfield. Eight of the 41 units will be set aside to serve youth aging out of foster care – stabilizing this vulnerable population with a support system that empowers them to focus on securing employment and/or furthering their education. The project will be a tremendous asset to the development of the Grant Avenue Parkway area.
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HEADS UP: This particular section of the Grant Avenue Parkway is currently closed to Southbound traffic only. Parking for the groundbreaking is along Catalpa.