The Illinois Housing Development Authority will award funds for construction of apartments for adults aged 18 to 24 experiencing homelessness in Peoria.
Phoenix Community Development Services will receive $5.2 million in funds for construction of the Madison Apartments III in downtown Peoria.
The new four-story building will include 16 studio and one-bedroom apartments catered mainly to people aging out of the care of the Illinois Department of Children and Family Services.
It's one of ten projects announced Wednesday as part of a 55 million dollar wave of permanent supportive housing funding.
