Stella offers 80 studio and one bedroom apartment homes for the formerly homeless. Offering comprehensive, on-site services for residents, the site is conveniently located within a half mile of the trolley station and within 4 trolley stops of the local VA Clinic. This permanent supportive housing project offers 40 studio-efficiency and 39 one-bedroom apartments, targeting Homeless and Special Needs populations with an average of 40% AMI rents, and one (1) one-bedroom manager’s unit. A five story development, Stella apartments average 485 square feet and feature personal kitchenettes and amenities include on-site laundry, 24 hour management service, a tech center, and large amounts of community common space allow for gatherings. Comprehensive on-site supportive services are provided by Interfaith Community Services; an expert in providing services for homeless and low-income Veterans. This project expands the supply of much-needed permanent supportive housing for Veterans in a “Choice” neighborhood near veteran service facilities and frequent public transit (Grantville Trolley Station).
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price |
One Bedroom One Bath (1/1) | - | Call for Price |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.