Minvilla is a marriage of historic preservation and affordable housing. Some people think that’s a bad marriage, because the cost is too high. Just last Monday, for example, several Knox County Commissioners raised the issue of per-unit cost, saying that ~$123,000 per unit is an outrageous amount of money to spend to rehabilitate a building [...]
Last Wednesday’s News-Sentinel published this article about City Council’s approval of Neighborhood Stabilization Fund (NSP) dollars for Minvilla. The article contained this:
Jon Lawler, director of the city-county 10-Year Plan to End Chronic Homelessness, said 80 percent of the public funds secured for Minvilla, including historic and low-income housing tax credits, are specific to that project.
Several [...]