By Jeff Fitzgerald, Senior Anchor/Reporter - bio | email
The City of Lima will soon be seeing some construction in the downturn that city officials hope leads to even more.
Lima City Council will get a letter Monday night from Testa Enterprises, Incorporated of Cleveland that they will be building a 48 unit apartment complex at the corner of East Elm Street and South Central Avenue.
A Bonded gas station used to sit on the site, that site was demolished years ago.
The "Union Square Apartments" will be developed using low-income housing tax credits targeting individuals who are at risk of homelessness, persistent mental illness or suffer from substance abuse.
This will be a 5.5 million dollar project that if all the paperwork is completed and signed off on, should begin construction this year.
Units will be priced at 501 dollars a month, but with subsidies involved, a tenant would only pay 30 percent of their income to their rent.