Edison Avenue Art Lofts

2001 Edison Avenue, Granite City, Illinois 62040

Contact Edison Avenue Art Lofts

Located in historic downtown Granite City, Edison Avenue Art Lofts offers high-quality, affordable housing in the heart of the burgeoning Granite City arts scene.

Here, you’re within walking distance of boutique restaurants and coffee shops, the Granite City Cinema, and more!

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	From $525 To $750
Two Bedroom One Bath (2/1)	-	From $525 To $750
Two Bedroom One Half Bath (2/1.5)	-	From $525 To $750

This project has been funded and will begin construction soon.

http://www.risestl.org/7749/rise-community-development-transforms-ymca-into-arts-hub-and-affordable-apartments/

December 18, 2019 – Rise Community Development (Rise) is pleased to announce closing on the financing for the rehabilitation and conversion of the former Tri-City YMCA in Granite City!

Eligibility for Edison Avenue Art Lofts

Edison Avenue Art Lofts Details

37 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Community Room
On-Site Manager
On-Site Parking
Secured Entry
On-Site Laundry

Unit Amenities

Dishwasher

Low-Income Housing Tax Credit (LIHTC)

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.