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Ground broken in Louisville on project to create affordable senior housing

Will create 58 apartments

LOUISVILLE, Ky. (Feb. 7, 2017) — Ground was broken in Louisville on Bywater Development Group’s rehabilitation of the former Jacob School buildings in south Louisville that will create 58 affordable senior apartments.

Charles D. Jacob Elementary School

The two historic school buildings will be completely rehabbed, producing high-quality, energy-efficient apartments as well as the creation of common areas, activity spaces, a library/computer lab and other program areas.

The sustainable development will feature enhanced accessibility measures including an elevator, step less building entry, ADA compliant routes of movement and fully accessible bathrooms so senior residents can live comfortably and conveniently. New energy efficient equipment, such as EnergyStar appliances and lighting fixtures, energy-efficient HVAC heat pumps, a cool reflective roof, water-saving faucets and showers, high R-Value foam roof insulation, and a unique high-performing storm water management plan will help enhance the affordability of the apartments by keeping utility costs low. The site will also maintain the existing tree canopy, include the planting of new shade trees and add community garden plots.

Funding for the project was made available by Louisville Metro, the Kentucky Housing Corporation, and state and federal historic tax credits.

The Charles D. Jacob Elementary School was built in 1912 and added onto in 1932. The school was an anchor for the neighborhood until its closing in 1991. It was placed on the National Register of Historic Places in 2012.