New affordable housing for seniors in Rochester
(ABC 6 News) -Affordable housing is one of the biggest issues facing people living in Rochester. Now, the City is trying to make it easier for seniors to find a place to live.
The Rochester City Council agreed Monday night to waive around $235,000 in fees for Olmsted County to build a new affordable housing structure for seniors.
The development will be a 36-unit building, with each unit being adjusted for low-income residents. This is phase two of the Mayowood Apartments development and will be called Mayowood II. In the council meeting, the city administrator said that they will make up for these waived fees through unused budget stability money.
"I’m really excited about this. I think this is a new era of the project. I’m glad to see this taking off," said Councilmember Nick Campion.
"We have to solve these problems together as a community and this is a really good example of that. And an opportunity to provide some really critical housing," echoed Council President Brooke Carlson.
The grand opening of the project is slated for October 2024.