Tax Quickens Wait on Low-Income Housing
If that happens, Zimmerman Properties of Springfield will build 48 more units near the Callaway Village Apartments. Callaway Village is also low-income housing. If the state approves the tax credit, the new apartments would open about a year from now.
"We're excited for the developer and the owner of the property," said Patrick Bonnot of the Fulton Department of Administration. "We feel that there is a need for low-income housing in Fulton."
Some residents are concerned about the construction of the new apartments because they will be funded by both the federal and state government.
The Missouri Housing Development Commission is holding a meeting Thursday night for all residents to express their concerns. The meeting will be at the Holiday Inn Select Executive Center in Columbia at 6 p.m.