NEWLY RENOVATED EFFICIENCY, 1 AND 2 BEDROOM UNITS
Beautiful high ceilings, modern fixtures & elevator access!
Rent for a 1-bedroom is $710 - heat, hot water, rubbish removal are included; subsidy may be available for qualified applicants.
Please APPLY NOW for future vacancies. Download your application here.
"The Woolson Block is a three-story Italianate-style brick building, built in 1868 by the president of a Springfield machine tool company and woolen mill. The historic building sits perched above the falls of the Black River in the center of downtown Springfield. Historical photos from the early 1900’s show the Woolson Block as a busy well-kept mixed use building. In more recent years the building had fallen into disrepair which ultimately led to tax sale by the owner.
“The Woolson Block represents a significant step in the revitalization of downtown Springfield from its old machine tool factory days to a modern infrastructure that attracts and retains younger people to our beautiful downtown where they can live safely and affordably,” said Bill Morlock, the Executive Director of the Springfield Housing Authority. “Both the housing and commercial spaces will contribute directly to Springfield’s continued economic revitalization through property tax revenue, the provision of goods and services, and new affordable housing.”
The redevelopment plan at Woolson Block involves a substantial rehabilitation of the historic structure and the creation of affordable apartments, transitional housing and more than 5,000 square feet of commercial space on the street level. The residential space will provide 15 rental apartments designated for a mix of households, all with incomes at or below 60% of the area’s median income.
There also will be four single-room occupancy and service-enriched apartments for homeless and at-risk youth between the ages of 18 and 24 with incomes at or below 50% of the area’s median income. The transitional program will provide a structured environment for at-risk youth so that they’re able to develop the skills and habits they need to live independently."
Taken from article in Vermont Business Magazine
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