Plymouth Church Neighborhood Foundation, a nonprofit housing developer, is acquiring a Stevens Square apartment building at 1801 1st Ave. S. in a partnership with Westminster Presbyterian Church, 1200 Marquette Ave. S.
They plan to preserve the building for affordable housing. The property currently has Section 8 designation.
Plymouth Church at 1900 Nicollet Ave. S. and Westminster formed a new company to buy and operate the building. So far, Westminster has given $200,000 and Plymouth has donated $50,000 for the $3 million project. The bulk of the funding will come from the Minnesota Housing Finance Agency.
The partnership will acquire the building in September and begin rehabbing the property. It will be renamed Abbott View for its proximity to the historic Abbott Hospital, which is just down the street.
Developer Seth Rowley, who had originally planned on converting it to a condo, previously owned the apartment building.
Tenants who live in the building have asked for community support in preserving its Section 8 status. The property has a range of renters, from deaf tenants to people with AIDS.
They worried that they would soon lose their homes and asked for community support.
In a statement about the building purchase, Westminster Rev. Douglas Mitchell said: “As churches in the heart of the city, we are pleased to come to the aid of our neighbors. We are pleased to be part of this project preserving affordable housing for those most in need.”