Hawthorne Place Apartments in northeast Independence could see the start of $30 million in renovations – all 745 units – as early as this week.
Preservation of Affordable Housing, which owns the complex, finalized a financing deal earlier this month. Planning has been underway for nearly two years.
Hawthorne has more than 1,700 residents among its 29 buildings.
POAH President/CEO Aaron Gornstein said, and the project will be finished by the end of 2022.
POAH’s financial partner companies will buy the federal tax-exempt bonds to fund the project, and the city of Independence has no liability.