Established in 1999, POF is a community development non-profit created to develop affordable housing, emphasizing self-sufficiency and economic wealth for low-income families and individuals. The POF Board of Directors is composed of community members with a variety of experience including city zoning, management, banking, marketing, law, real estate, construction neighborhood activism and advocacy for minorities.
East Bluff Housing is a scattered site infill development throughout the East Bluff neighborhood. The new construction homes helped to stitch together the fabric of the neighborhood in Peoria, Illinois. The project created new affordable rental housing for low-income families: 30 homes on 25 vacant lots with a mix of two and three bedroom single-family and duplex units. Building styles are based on existing neighborhood styles and City of Peoria Design requirements. All sites are within one mile of each other.
The project brought new units to a market area that exhibited strong demand for new affordable family housing. The residences serve a wide income range and a broad range of family sizes. 6 units will be affordable to families at or below 30% AMI; 15 units will be affordable to families at or below 50% AMI ; and 9 units will be affordable to families at or below 60% AMI. A total of 21 units will have project-based rental assistance from the Peoria Housing Authority, 5 of which will be set aside for the SRN program and 16 of which have RAD rental assistance.
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Photo Credit: East Bluff Housing