Affordable Housing Project Slated for Downtown

Clarity Development Company plans to rehabilitate two historic buildings in the Flatiron District downtown. Each building will be converted to Low Income Housing Tax Credit multifamily units. The 3-story building at 1501 Howard Street will have 16 studio and 1-bedroom apartments on the second and third floors, retail space on the first floor and 16 parking spaces in the lower floor. The building known as the Standard at 500 South 18th Street will consist of 40 studio and 1-bedroom apartments on floors two through six plus commercial space on the ground level. The Planning Board will review an application for TIF to help finance the project. – Isaiah Ang