Massive tornado roars through Oklahoma City
There's a legal battle underway surrounding a planned …
(WISH Photo)
The IPL 500 Festival Parade has announced its VIP celebrities …
Advertisement
Funds approved for Fort Wayne building renovation
Updated: Wednesday, 06 Mar 2013, 7:47 AM EST
Published : Wednesday, 06 Mar 2013, 7:47 AM EST
FORT WAYNE, Ind. (AP) - An Indiana agency has approved funding for the proposed conversion of a 108-year-old industrial building into shops and apartments in downtown Fort Wayne.
The News-Sentinel reports the Indiana Housing and Community Development Authority recently approved tax credits for the Randall Building at nearly $675,000 annually for 10 years. The structure is the largest Victorian commercial block left in Fort Wayne, and the renovation is expected to cost about $7.5 million with the city contributing $600,000 in federal funds.
Commercial space will be on the ground floor of the building, and one- and two-bedroom apartments will fill four floors above. RealAmerica Development's target tenants are people who earn less than 60 percent of the median income.
Construction is set to begin later this year.
Email This
Print This
View Story on a Single PageAdvertisement
Advertisement
Advertisement
More on WISHTV.com
-
A cell phone app is credited for saving two ducklings. The baby ducks fell into a storm …
-
Laurel County Sheriff John Root says in a statement that a 47-year-old London woman told …
-
WASHINGTON (AP) — A Massachusetts congressman says investigators still don't know whether…
-
Learn more about the people who appear on air at 24-Hour News 8.
-
The booming 23-year-old R&B vocalist from St. Helena Island, S.C., won the Fox singing …
-
Several tornadoes struck parts of the nation's midsection, concentrating damage in …
-
Indy Style co-host Tracy joins Andi LIVE from the The Indiana State Museum has he …
