$30M in loans for improvements: Bloomington Housing Authority’s Crestmont Community

At its Wednesday meeting, the city council approved the final step in a process that will lend $30M to an entity created by Bloomington Housing Authority (BHA), called Bloomington RAD II, LP.

The money will be used to make  improvements to the 196-unit public housing complex on the city’s northeast side.

A preliminary step in the process was approved by the city council in February.

As part of the improvements, apartments will be reconfigured to accommodate wheelchairs. Safety features will be added. All the apartments will get new flooring, new kitchen cabinets, countertops, dishwashers, and washers and dryers.

Apartments will also get high efficiency furnaces, and air conditioner condensers, new windows, new roofs, and site lighting, according to BHA executive director, Amber Skoby. Continue reading “$30M in loans for improvements: Bloomington Housing Authority’s Crestmont Community”