Dilapidated public housing apartments on Booth Street will be replaced in a two-phase project that promises affordable housing on Salisbury’s west side.
The plan is to redevelop the 100-unit, 10-acre site and build 200 units, replacing many that are more than 30 years old. Forty-four of the 100 townhouse-style residences are vacant and now boarded up.
“This has been a long time coming for residents of the Route 50-Booth Street community,” Mayor Jim Ireton said about the area that encompasses the 901 to 920 block.
“It will be a welcome addition along with the new armory coming in on the west side of town,” he said.
Work on Phase I is slated to begin early next year. At a recent work session, the city council agreed to waive capacity fees necessary for adding new EDUs for the project.
On Aug. 21, the Salisbury Planning Commission approved it. The county’s housing authority will continue to own the land.
Patrick Stewart of Pennrose Properties, based in Baltimore, in a letter to the city officials, explained the first phase will focus on the western section. Fifty units will be demolished and 84 new, affordable apartments built in nine, three-story buildings.
Stewart said there will be 22 one-bedroom units, 46 with two bedrooms and 16 with three bedrooms.
They will be affordable to households earning no more than 60 percent of the area median income and remain affordable 30 years.
Fifty units are replacement units for public housing and will be supported by Section 8 rental assistance under the U.S. Department of Housing and Urban Development’s Rental Assistance Demonstration Program, he said.
That will allow residents to pay no more than 30 percent of their income for housing.
Last year, the median income was $50,000, according to the 2013 census.
Cornerstone Development LLC, based in Columbia, Md., is the development consultant and the company conducted a project feasibility analysis.
The company issued a press release stating it obtained $150,000 in predevelopment funding from the Maryland Affordable Housing Trust, during distribution of 2007 grants. The money paid for the market feasibility study, an architect and civil engineer.
CDC will also “identify other public financing and assembly the funding applications; manage the bidding and selection of the builder and-or general contractors; serve as the owner’s representative during the construction phase; and develop the leasing approach and marketing strategy for the subsidized and market rate family housing units,” the press release states.
Reach Susan Canfora at firstname.lastname@example.org.