A new federally aided housing project opened Friday in the city’s rapidly developing Scenic Drive area.
The Scenic Pointe project is a product of an entity called Midwest Housing, which invested more than $4 million collected from private donors.
At a total development cost of $5 million, the 29-unit project translates to about $172,000 per unit, roughly the price of the average private single-family residence in Manhattan. It was constructed on land owned by Schulz Construction, and its opening was celebrated Friday afternoon.Federal housing tax credits will assist the development.
The project’s location is interesting because Scenic Pointe sits amid fields of new private developments and takes advantage of that area’s rolling vistas. It is also some distance from most essential services such as groceries and gas stations.
“You put your team together ‹ architects, developers, construction, investors ‹ and everyone makes a commitment to the project,” said Jill Jacoby, executive director of MAHP.
The Manhattan Area Housing Project, which handles 163 units of housing for those unable to buy their own home, has previously partnered with organizations involved at Scenic Pointe for complexes such as Brookfield Residences and the Gardens at Flint Hills here.
Jacoby said she believes her organization is fulfilling an unmet need in Manhattan.
“People, with the economy, are struggling a bit more, and it’s hard to find affordable, quality housing,” she said.
With a large student and soldier population, housing demand is high and creates a greater need for affordable housing projects, Jacoby said.
“People need a safe place to come home to. That’s the first thing you need.”