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Podcast: Spartanburg City News
Episode: Proposed apartment project would be first affordable housing development in Downtown Spartanburg
Description: At their last meeting, Spartanburg City Council gave approval to a property sale that could pave the way for Downtown Spartanburg's first-ever apartment development composed of entirely affordable units. Located adjacent to the Kennedy Street parking garage on the corner of Kennedy and S Converse streets, the 2.6 acre site will be sold to developer Blue Wall RE LLC for $4,500, well below market value, in the hopes that the developer will be able to secure state Low Income Housing Tax Credits (LIHTC) to construct the project's planned 55 units. If successful, the units would be leased to those making no more than 80...