With plans to break ground in spring 2021, Jerseyville will soon offer another 50 units to individuals and families in need of high-quality affordable home options.
Construction of the Diamond Apartments of Jerseyville will soon be underway on the city’s south end, just west of Illinois 109 and Magnolia Lane, between Commerce Boulevard and Bluebird Lane. The new units are anticipated to be ready for occupancy by summer 2022.
Partnering to bring this development to Jerseyville are 3 Diamond Development, Regional Housing Development and Emerald Development LLC, along with a pending investor partner. Morrissey Construction Co. of Godfrey is the project’s general contractor, and Ludwig and Co. will provide property management services once occupancy begins.
Diamond Apartments of Jerseyville was among 21 affordable housing developments awarded a piece of $26 million from a federal program awarded through the Illinois Housing Development Authority. Specifically, this development was awarded an annual allocation of $1,142,000 in Low Income Housing Tax Credits.
“This project would not be feasible without the tax credits, as they make up about 70 percent of the total funding,” Morrissey Construction Vice President Ryan Morrissey said. “It’s also worth noting that Jerseyville was one of only two applications approved in Southern Illinois.”
Developers plan to use the tax credit to help build six two-story garden-style buildings and one single-story duplex structure on site, as well as a community building. The development will consist of four one-bedroom units, 20 two-bedroom units, and 26 three-bedroom units. The garden-style buildings will have a central breezeway providing access to each second story, and a small balcony or patio for each unit.
A one-story community building will be located at the northwestern edge of the site, providing further gathering and workspace options for tenants along with office space for property managers. Onsite amenities will also include bike racks and ample parking, as well as ADA-compliant accessibility built in throughout the site and its units.
Area residents might recognize a similarity to the nearby Brookshire Estates apartment complex once construction is complete.
The Jerseyville Economic Development Council (JEDC) Partners in Progress initiative helped with the IHDA application process, providing information for the narrative related to the Jerseyville area’s demographics and economy that outlined the region’s need for more workforce housing options.
“This project will certainly go a long way in establishing homes for our emerging workforce with the Mid-American International Gateway rail-served logistics park development,” said Jerseyville Mayor William Russell, who also serves as president of the JEDC Partners in Progress initiative. “Single-family housing is a key component in JEDC’s effort to develop the industrial park and recruit young families to choose our area as their hometown.”
Residents will need to be income-qualified to live in the development. Units will be affordable to families with annual incomes between $17,430 for a single person to $57,720 for a family of six.
“The goal is to provide high-quality apartment homes for families that are also affordable,” Morrissey said.
Many green development goals will also be met with this development, including the installation of Energy Star appliances and lighting, as well as exterior wall construction with stone veneer wainscoting and fiber-cement siding. Within each unit, included appliances will be a stove, refrigerator, dishwasher, ceiling fans, combo microwave-exhaust vent hood, as well as a washer and dryer. Wire shelving and hanging rods will be included in closet spaces where bulk storage is not intended.
The new development will also include new concrete roads, parking areas, walkways, and ADA-accessible ramping, as well as new landscaping features. There will be a playground and accessible park bench seating adjacent to the community building, two new masonry dumpster enclosures, along with 105 parking spaces on site, with seven ADA accessibility-compliant parking spots.