Bono to Get Apartment Complex for Seniors

OCTOBER 27, 2004 - Posted at 4:05 p.m. CDT

BONO, AR - Bono Mayor L.M. Duncan says his city has been selected as the site for development of an apartment complex for senior citizens.

According to Duncan, the White River Regional Housing Development Corporation, a private non-profit corporation based in Melbourne, has been awarded a Capital Advance Grant in the amount of $1,522,300 to construct 24 one-bedroom apartments for low-income persons 62 and older.

The complex is to be located on College Street in Bono at the site of the historic "Doctor Smith property," a house which was reportedly built around 1902, but has since been restored to its original condition.  The house will be re-vamped to serve as an office and community space for residents.  The apartments will be new construction of a design to compliment the house.

Construction on the project is expected to be completed by mid-summer of 2005.