Academy Flats, which is located in the Peaselburg neighborhood, was an opportunity to convert a former school that was beginning to have a blighted influence into an asset to the community providing quality housing for our seniors and allowing them to age in place in the neighborhood. Academy Flats consists of 24 one bedroom apartments.
Upon demolition of Jacob Price Homes, Eastside Revitalization offered the Housing Authority an opportunity to build replacement housing in the surrounding neighborhood. This removed units that had a blighted influence on the East Side and replaced them with renovated units that are competitive in today’s market.
New Site Properties
New Site Properties is a 19 unit scattered site development that is being funded by a $1,750,000 loan from the City of Covington as part of the Neighborhood Stabilization Program. This development is part of the larger overall HOPE VI project awarded to the Housing Authority of Covington. The majority of the properties consist of the Brighton Row II properties which was a failed LIHTC project. This development will continue the goal of the Housing Authority of Covington in revitalizing community neighborhoods by rehabbing and maintaining quality housing stock in the City of Covington.