Council to Consider Bonds for Senior Housing
The City Council will hold a public hearing tonight to discuss using state-backed bonds to transform the old St. John’s Hospital site into housing for low-income senior citizens.
The hospital, which has been vacant on North F Street since 1992, would be refurbished to provide 297 apartments for the elderly.
The council is expected to vote tonight on a state agency’s issuance of $30 million in bonds to help a Los Angeles developer purchase and renovate the building.
American Housing Construction Inc., which specializes in housing for seniors, hopes to begin construction on the $45-million project in early 2002.
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