Should the city let the developer of some proposed low-income senior apartments planned for State Street reduce the size of its one-bedroom apartments by 25 percent?
That will be on the agenda for the Commerce Planning Commission when it meets at 7 p.m. on Monday, Sept 22, at the Commerce Civic Center.
Paladin, Inc., the proposed developer of 48 senior apartments on State Street, seeks a variance in the city’s minimum square footage for 12 one-bedroom apartments. The city ordinance calls for a minimum of 1,200 square feet. Paladin seeks to have that reduced to 900. Its Mason Manor development will also have 36 two-bedroom apartments of 1,400 square feet apiece.
Paladin has cleared the first hurdle in getting low-income tax credits to build the apartments, notes Commerce senior planner David Zellner. The Department of Community Affairs, which provides the grants, has sent a letter suggesting that 900 square feet “was a lot for the senior community,” Zellner said.
Paladin won’t know until DCA announces the winners of the second round of applications, probably early in 2015, whether it will get the tax credits.