

Of those 3,800 housing units, Atlanta-based PulteGroup will develop just over 300 row homes expected to be built along the edge of a new stream-like water feature. CommondBond anticipates building at least four more affordable housing buildings within Highland Bridge, which is designed to have 3,800 total housing units - 20% of them designated as affordable housing - when completed. would be partners to help create the affordable housing element. Ryan Co., the main developer of the site, previously announced CommonBond Communities and Project for Pride in Living Inc. The subsidies, which are in short supply, are provided through a housing assistance payment contract that is critical in proving affordable units for seniors on fixed incomes or extremely low incomes, Bedor said. Paul Public Housing Agency also awarded the organization rental housing subsidies, otherwise known as Section 8, to allow residents to pay 30% of their income in rent. Ramsey County provided CommonBond Communities $4.5 million from its capital improvement program to fund construction, Bedor said. Residents will also have access to on-site parking through a mix of surface and semi-covered lots. The property will feature wellness and community rooms, and CommonBond Communities will host events and offer on-site services to residents to help alleviate isolation, said Cecile Bedor, executive vice president of real estate for the developer. The units will be a mix of one- and two-bedroom apartments, with seven of those reserved for seniors that were previously homeless. The five-story building at 830 Cretin Ave., at the intersection of Bohland and Cretin avenues, will contain 60 units. Residents at the Lumin will be age 55 and older and earn 30% or less of the area median income. More than 300 new construction jobs will be created by the project. Paul-based CommonBond Communities, an organization that builds affordable housing across Minnesota, is behind the project. With tenants expected to move in by fall 2023, the developer believes the complex - called the Lumin - will give seniors living on fixed incomes an opportunity to thrive in the Highland Park neighborhood, with walking access to services and retail. Paul's Highland Bridge, the first of at least 10 such projects planned at the 122-acre site once controlled by Ford Motor Co. Quality of life for seniors is at the forefront of an affordable rental development being constructed at St.
